Looks like it can do some fancy stuff. I was just giddy that the buttons lit up. :P That's how I found it, actually. I saw something glowing at the bottom of a box of remotes and went exploring to see what was making all the pretty lights.
I don't know if it will still work on my TV or not. Now the Comcast has forced me to use their converter box, its crappy remote has hijacked remote duties. I haven't looked into whether or not I can program another remote to take its place. That'd be swell if I could.