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It seems like even with this you would still need two remotes. I prefer to click the recorded tv or guide button on my logitech than to use a mouse to click on it. The more I can do with one hand the better.
I wish Logitech would come up with a low end remote (Under 75) that had a ball or touchpad to control the mouse on it every once in a while I need to go into collection management or explorer to manage data and I have to dig up my full size MS remote keyboard. Or I log in remotely from my gaming machine. But remote sessions always seem to cause issues in W7 and I have to restart the HTPC when I am done.
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