It's not all roses and puppies, though, as the player will be supported by advertising, probably embedded into the videos or the player itself. Once a program is downloaded via a scheduler built into into, you'll be able to watch it within 30 days, after which it will be automatically deleted. A version of iPlayer will be available for both the Mac and PC when it launches in April.
Personally, we despise these types of closed players that force us to add yet another application to our program folders. Call us crazy, but we'll deal with the long download times of a site a bittorrent site like FinalGear.com in exchange for the ability to keep the shows as long as we want and convert them into any file type we choose. You can't control the web man, it's like, the people's web or whatever.
Thanks for the tip, SwatLax!