This is correct. During my long window install of a single M Card on Saturday, one trouble shooting item included popping the card out, in addition to rebooting the TiVo. The data stayed the same. Because of the many things done in a short period of time, I am not sure exactly what kept me from working and what the solution exactly was. All I know is that it is working now and the first thing I did was to set up a SP for Terminator and Prison Break. I love QAM HD via a "free" cable card......!!!!!!!!! Wahooo! Now I need the My DVR Expander (no desire to open the box) so I can set all of my SPs in HD (when available).