Wide World of Women

I finally got HD service and was thinking about getting this to do some capping and video recording.
http://www.amazon.com/AVERMEDIA-C281-Ga ... -1-catcorr
I've been looking to if you could use it to record TV as well as games but have not been able to find a answer. I have not seen anything to lead me to believe you can't use it for both.
This one looked good to me because I don't have to run it trough my computer, don't have to go through DirectTV to get a DVR and I already have a 60gb HD from my old PS3.
Could someone tell me if this might be a good choice or if you know of something better you could recommend?
Thanks!

This Video tells you all about it

Thanks, that answered my questions.