IMHO DCTV was a revolutionary device that could have done so much more and could have helped Commodore and Amiga greatly if further development had been done and,or more game programmers had written a version of their games in DCTV format. Can you imagine all of our favorite Amiga games running at 24bit color depth and full speed on any Amiga model.
The DCTV was simply amazing. It was like having a TARGA board, only you could do things with the DCTV that you couldn't do with the TARGA or any other truecolor boards for PCs or Macs at the time. Or the VideoToaster.
In 1990/1991 and for many years after truecolor framebuffers required single frame recording to very expensive video decks in order to achieve motion. This was typically done with composite video to analog recording devices. 3/4" U-Matic was about the least expensive, industrial quality used at the time and it's a composite recording medium. Betacam would be the next step up in quality at a major increase in price while still only offering 300 lines of resolution though it recorded a crude form of component video.
It wouldn't be until a few years later with the introduction of the DPS-Personal Animation Recorder that you could get realtime playback of imagery with this sort of color and quality, though the PAR was only playback and didn't have any video paint support since it didn't allow that sort of access to its framebuffer. DCTV Paint was head and shoulders better than the kludgy way Newtek implemented paint on the VideoToaster.
I had an Amiga3000 when DCTV came out and my buddy and I were running a little graphics and Amiga training outfit in Corpus Christi, TX and though I don't recall the job that paid for my DCTV it was likely the best $200 I ever spent on the Amiga (I could be wrong on price, I was still getting my old employee discount from when I worked at the local Amiga dealer in high school). Combined with Pageflipper + Effects I could do 640x400 ANIM playback that didn't bog, recording to 8mm video at U-Matic quality and no need for single frame controllers.
Animations that I did in Hash's Animation:Apprentice and Imagine output full-color through the DCTV got me accepted into CalArts, which got me a job at an Oscar winning effects facility shortly thereafter and a pretty amazing career, and I credit a lot of that snowball to the DCTV (and the Amiga, of course). I wasn't showing them HAM playback or single frames. They were seeing images that looked as good as what their MFA students were doing with Wavefront TAV and their TARGA recording setup.