I think you may need to update your drivers - http://hauppauge.lightpath.net/softw...vr_22.214.171.124.zip
Download it, extract and run hcwdriverinstall.exe
You will need your original cd that you used to install TME.
Also you can try installing a newer version of TME if updating the drivers doesn't work -
Go to > Start/Programs/Arcsoft connect/Arcsoft connect
You will need to register with arcsoft before you can update TME though.
Let me know how you get on.
EDIT: I do believe you need your HDPVR connected to access format settings i guess thats the problem haha.