Problem solved! The answer was simple: the EyeTV software has to be (re)registered with the code that came with the Netstream device. I was using it with an older code that has worked for several other devices.  I think the Device Preferences tab ought to make this clear. It shouldn't just say 'No Network/ IPTV EyeTV Netstream 4Sat devices connected' when there is one connected! It should say something more useful like - EyeTV must be registered for use with this device.  
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