"..Pioneer's introduces DVR-1000, and DVD-RW discs --- the world's first. Pioneer proposed the development of this re-recordable disc medium, DVD-RW, which has undergone examination by the DVD Forum. By combining this technology with the Video Recording Format Pioneer developed the DVR-1000 DVD recorder. Simultaneous with the release of the DVR-1000, Pioneer will also market a re-recordable disc, the DVS-RW47.
DVD-RW has the same 4.7Gbyte data capacity and 12cm size as DVD-Video discs. The DVR-1000 will allow 2 full hours of recording in standard mode (SP) and a maximum of 6-hour recording time in manual mode (MN) on a DVD-RW blank disc. DVD-RW uses the DVD-R format as a base and can be rewritten about 1000 times.
Pioneer's DVR-1000 will cost 2,450$ and DVS-RW47 29,40$.."