TV/VCR combo and E60 question

[halekon]

again I appreciate all of your help in regards to my venture into dvd
my question is in regards to my tv/vcr combo and integrating it to work with
the panasonic E60
this is the way it is set up presently set up
my present tv/vcr combo has the usual input
the "in from antenna" is for the cable
and the audio and video is being used for the dish pvr
that is it my inputs are now taken up
my thinking is that i once i get the E60
and I want to "dub" videos to dvd
I would unplug the dish pvr from the audio/video inputs and
plug in the E60 play the tape through the tv/vcr combo
once I plug back the show dish pvr and I have a show on the pvr
hard drive I can plug the E60 into the pvr and still have the pvr plugged into
the tv combo and I can record shows that are stored onto the dish pvr and burn them to
the dvd on the E60
I realize the E60 will be like "floating" between the tv/vcr combo and the dish pvr but with so few inputs on the tv combo this is the only way I see it can work
any comments or suggestion?
thank you

[bottle-necked]

Great for multi-VCR dubbing setups. Connects up to four VCRs or TVs to the line-level stereo audio/video output (RCA jacks) of one VCR. Also converts composite video input to an S-video output. Provides one S-video input and four S-video outputs.

http://www.radioshack.com/product.asp?catalog%5Fname=CTLG&category%5Fname=CTLG%5F003%5...5Fid=15%2D1172