In reply to:

...it should be possible to record and transfer the recording from tivo's hdd to a PC. Am I correct?


Yes and no. There's no way to do that with a stock TiVo, but there are some folks that have been working on hacking the TiVo in order to be able to do that, but you have to open the TiVo, voiding the warranty and add in an ethernet card. For more information, I suggest you start at http://www.9thtee.com/TiVoUpgrades.htm.
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Bitt Faulk