This is actually a good thing. If phillips has a patent on it, nobody that makes hardware I'd actually buy are going to be able to impliment it.
In all fairness, you did have to believe (in the back of your mind) that something like TIVO would drive them to this? Removing commercials from broadcast television was going to cause some kind of issues.
Off topic: I heard a rumor that Disney is going to start releasing their programming for free download with the understanding that there is a commercial at the beginning of it. That, to me, seems like the direction things will be moving to completely void/invalidate anti-piracy arguments of any kind.