Does that edit out live commercials? It certainly could, I don't think what they are doing is technically difficult, it seems like they are just marketing into the right people.

I'm not 100% sure if it can do realtime commercial detection. I remember a post-recording commercial scan job that had to run (I haven't used it since like 2009 or so). Modern hardware should be able to edit commercials in real time. With or without commercial detection, if you wait about 20 minutes after the start of an hour show, you'd be able to skip the commercials (automatically or manually) and finish watching when the show itself ends.