A one hour show in MPEG2 take up 8 gigs. That means 2 gigs is 15 minutes worth of buffer; 1 gig is 7.5 minutes. Even on MEG5 shows, it unpauses after 3 minutes with 2+ gigs free. I used to be able to pause of very very long periods of time, but something changed about 2 or 3 months ago.
Either way, as far as watching live TV and using Channels as a DVR where you pause, and then fast forward, it's pretty much useless. Again, it's the reason we still have a TiVo, if these littles things could get fixed, TiVo would be gone, and I would brag up ChannelsDVR to all my my friends and family.