First of all, it's not so new, it's been out for 2(?) years. There are other forums for info about it, do a search and see for yourself.
All in all, it does work and if your needs are strictly for OTA and DVR it may work fine. It has some issues on the android end. There are no legit apps for things like Netflix or Amazon Prime. Other apps either don't run correctly or at all. Also, Channel Master seems to be pushing an alliance with Tivo now so who knows how long they will support the Stream+. We've already been through some of this with the DVR+.