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Is MLB.TV only for live games?

Anyone know if this product is only for live games or can I watch games later when I have some time? Like later that night or the next day.
Full Game ArchivesAvailable on MLB.TV and MLB.TV Premium.

Miss the live game? Not a problem, watch full Game Archives with no local or national blackout restrictions. Set your Media Player to remove spoilers and watch as if the game was live.
Oh cool. I did not see that. Thanks!
I didn't even know you could get MLB.TV on PS3 and XBOX. It sounds like a cool thing to have.... but looks expensive. It's nice you can watch any game at any time from the archives though. Even better you can remove spoilers. I'd get it if it was closer to $50-$60 rather than $110-$125.

I just noticed you can input your fantasy baseball team and it will keep a tracker on your players! Thats prettty sweet for anyone who plays fantasy baseball. My buddy has Direct TV and I think you can set up your fantasy squad on that as well. Not sure though...?