| If you want an install-and-start-watching experience, No. Go to your cable/satellite provider or a consumer electronics store and buy one, or get a Tivo. They are the kind of appliance you want.
If you are just thinking of trying Linux, Later. Linux will be new enough, and MythTV complex enough, that you will hate it unless you are in a mood to learn and exercise the patience it takes to learn. Especially Linux, with no "official" single source of anything. If you do dive in and not give up, you'll definitely get a great Linux lesson.
If you want to move from Windows Media Center, Maybe, but Later. Have you looked at some of the alternatives, like SageTV, GB- PVR or MediaPortal? The latter 2 are free, and the former is pretty cheap. All are well-regarded alternatives for WMC.
If you use Linux already, Probably, to Heck Ya!. Consider, though, that MythTV is not as simple as just installing some packages. There's hardware (capture cards, infrared remotes, video cards and displays), software (MythTV and its components, MySQL, Apache, LIRC, drivers), and suppliers (cable/satellite/digital, lineup sources) that all have to play nice together.
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