These are not confirmed by Tivo so I cannot guarantee their validity.
The model number will be TCD652160
integrated MPEG-2 and MPEG-4 decoders, a dual MPEG-2 encoder, 2 Samsung based tuners, 128MB DDR Ram, 160GB SATA HDD, no THX, Standard Tivo Remote, all for the low price of $299.
It will be able to record up to 20 hours of HD and up to 180 hours of SD.
Now I did show a picture of the Tivo Series 3 Lite a while back but apparently pictures of the unit have even been found on Amazons website.
All this info was found on the Tivo Community Forums. [via Engadget]