pausing and recording, yes, but it's still only a single tuner so you can't record one thing and watch another. Might be worth it to not have to pay $6 a month plus however much the difference in receiver costs are between a 211 and a 612
Yes, it will work fine. That's a pretty standard set up these days. The hardest part for most customers is figuring out how to point the dish, but once you've mastered that it's as easy as can be.
~Dish Network installer