Maybe Digeo's Moxi DVR has a chance after all.

The Kirkland company on Tuesday is cutting the price of its high-end digital video recorder from $799 to $499 and adding a new model with three tuners.

A price cut was desperately needed for Moxi more competitive with TiVo and Windows Media Center PCs, but it only happened after Microsoft co-founder Paul Allen sold assets of the struggling company to industry giant Arris in September.

The dual-tuner model's cost is now less than most Media Center PCs and comparable to the cost of a $300 high-def TiVo when the TiVo's monthly fees are factored in (Moxi and Media Centers don't have a service fee).

The three-tuner model will cost $799, including one "Moxi Mate" device that streams content from the DVR to additional TVs in the home. Mates are now $299 instead of $499, and a software upgrade is enabling them to stream live video as well as recorded content.

Additionally, the company announced a new bundle with a three-tuner Moxi DVR and two Mates for $999.

Moxi systems are intended for cable subscribers with digital service. They use CableCard tuner devices, which are provided by cable companies in lieu of set-top boxes.