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I don't think it is lame. I have lifetime on the three TiVo's I currently own, and I had it on one I've since sold.
Even at the current $299 price lifetime is about the same cost as two years of monthly fees. At the end of those two years with lifetime you're paid off, with monthly you keep paying. And if you pay monthly you have no equity in the unit. Two years ago if you bought a TiVo and got lifetime you could sell to today for at least $300, since that's the value of the sub - people do it all the time. And probably more than $300 because the HW has some value, but right now there is a deal for free HW - so it doesn't have much value. If you went monthly you'd only get whatever the HW is worth.
If the unit breaks and you have it repaired or replaced through official channels, then the subscription transfers. So it isn't a problem with the unit dying if you go through channels - or as long as the unit can be fixed, and most failures tend to be drives, which are easily replaced.
I think it is silly to go monthly, it is renting vs buying. Most people keep the unit more than two years, and even if you just throw it away after that, you're ahead of the game with lifetime. Now, the reduced pricing on additional units ($6.95/month vs $12.95/month) makes it a harder call. Break even ~43 months instead of ~23 months - but I still go lifetime because of the equity factor.
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