HOWTO convert TiVo-to-go files to MPEG files

TiVo's new DRM system allows you to move video from your TiVo to your PC, but not as a plain MPEG file that you can slice and dice and watch in the player of your choice. Here are step-by-step instructions for converting TiVo-to-Go video to MPEG files. Link (via Waxy)