Satellite TV to PC Scam? Anyone Know How This Works?

I've been seeing a lot of ads online for this lately, and I still haven't figured out how it works yet. The pitch? Install this software on your computer and you can watch hundreds of LIVE worldwide channels on your PC, free of charge. (Well, free, once you get the software.) Here's the rest of the pitch:

You don’t need a satellite dish, receiver, or any cable or satellite service! All you need is an Internet connection and a computer. More than 1 million users are already enjoying the incredible variety.

This package retails for over $350.00. Through this special limited time offer pay only $49.95! You save $300.00!

Don't Miss This Chance to get thousands of stations for Only The Cost Of A Few Movie Tickets! This is pennies compared to what satellite and cable services can cost you month after month over many years. And the best part is once you have bought the software, you have nothing else to pay... EVER!

The development costs of this product alone are more than $276,480. The product required 3 years of intense testing and development utilizing software developers from Microsoft, IBM and other leading technology companies.

We are the exclusive distributors of this software and you can only get it from us...

• Watch all your favorite shows on your Computer & TV!
• Channels you can’t get any other place in the U.S.A!
• Watch from anywhere in the world!
• Save thousands of dollars over many years on cable and satellite bills
• NO Waiting for the Mail
• NO Shipping or Handling Charges
• INSTANT DOWNLOAD - Get immediate access to the software
• And much, much more!

So what are you waiting for? In less than 5 minutes you could be watching your favorite movies, sports, TV shows right on your computer. Take advantage of this special limited time offer...

You can visit their website here

Leave your comments below if you've used this stuff or know more about it.