Torchwood Season 2 is available in the iTunes store! Season 2 which finish airing back at the beginning of the month is now available. Not quite real time but I must say at a reasonable price and way before the DVD release.

I hope that by season 3 I could be watching torchwood in near real time through a season pass at the iTunes store.

Cheers! BBC for movement in the right direction.

Get more info on the show (here)

Get your copy of Torchwood Season 2 for $25.87:

Get your copy of Torchwood Season 1 for $25.87:

Torchwood Season 1 DVD from Amazon for $54.99