Liteon has introduced the LVW-5005 multiformat home consumer DVD recorder. Apparently it’s the world’s first home recorder that can record on both DVD-R/W and DVD+R/W. It can also access MP3, VCD etc etc. We’re not sure just how much this is going to affect Joe Consumer, but it sure makes for a purty press release. Priced at around �270.00 ($399.00).