Small System - Blue Iris Or Hikvision NVR

Greetings!
I'm currently planning a small system of four 3MP Hikvision IP cameras for a friends place.

I've done a lot of work with Panasonic Cameras/NVR's on a enterprise level where money wasn't an issue - now I'm trying to figure out how to record only a few cameras on the cheap.

Right now, I'm debating between a standalone Hikvision NVR or a PC running Blue Iris. I have an i7 PC that I could sacrifice for the Blue Iris build.

Does anybody have first hand experience with either? Pros/Cons? I've only used Panasonic DVR's, NVR's and Video Insight branded servers in the past.

Thanks,

Tyler

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