My sister has the DVR service (she has the same cable provider I assume I think they have a monopoly in this area) and I believe she's said she can record two things and watch a third. I dunno, maybe if I can't get this damn VCR to tape at all maybe I will end up wasting the money. I really try to be frugal, I was raised that way, but my entire life revolves around TV/Movies...
You can record two things, the third you watch either has to be through the TV (not the DVR) or something already recorded on the DVR. (This is how most cable-company DVRs work. I believe AT&T's service's DVR has FIVE tuners!)
It's 2010, dude. It's time to give up the VCR and enter the 21st century.