HP Pavilion m7500e Media Center TV PC

[intelliot]

I want to get a Media Center PC. Here's one I configured on HP.com, but I haven't decided whether to get it or not.

HP Pavilion m7500e customizable Media Center TV PC

EW174AV#ABA

* – Genuine Windows XP Media Center Edition 2005
* – AMD Athlon(TM) 64 X2 4200+ dual-core - 2.2GHz
* – 512MB DDR2-533MHz dual channel SDRAM (2x256)
* – 80GB 7200 rpm SATA Hard Drive
* – 48x max. CD-RW/DVD-ROM combo drive (48x32x16x48x)
* – 9-in-1 memory card reader, 2 USB, 1 1394, audio
* – No Modem
* – Single NTSC TV Tuner with PVR and FM Tuner
* – Integrated NVIDIA GeForce 6150 LE
* – Integrated 7.1 channel sound w/front audio ports
* – HP Keyboard, HP Scroller Mouse
* – Microsoft(R) Works 8.0/Money 2006/MSN Encarta Plus
* – HP Home & Home Office Store in-box envelope

This ships free
$889.99 $889.99

HP Deskjet F380 All-in-One
Q8134A#ABA

This ships free
$79.99 $79.99

To change quantities or remove selected items, click on

Mail-in rebates
You qualify for:

$100.00

PC mail-in rebate (CD01706)

$79.99

PC/printer rebate (BT36A06)

Order subtotal $969.98
E-financing price/month† $30/month

Free shipping
Your order qualifies for free Standard 5-7 Business Days shipping.

Shipping

(using Standard 5-7 Business Days method)

FREE

I think the price isn't bad after the mail-in rebates. What do you think? Do you have a media center PC?

I have 2 questions:
1) Would this work with a set-top box? My understanding is that it would require an IR transmitter.
2) Does it have composite (RCA) TV-out? That's the only video input my TV has.