cya-nide, if your primary goal is temporary timeshifting to a hard drive, and you have very little interest in making DVD hard copies of anything, the Pioneer 560 (or indeed any DVD/HDD machine) is not the best choice for you. All DVD/HDD recorders are a compromise solution in that you sacrifice certain conveniences and formatting in exchange for the ability to edit and burn DVDs of your recordings. If you aren't that interested in making DVDs, theres really no point putting up with the compromises inherent in DVD/HDD recorders: you would be much happier with a TiVO, or if you have cable or satellite, renting the integrated PVR/decoder box they offer.
DVD/HDD recorders generally cannot record in anything close to Hi Def, and it is difficult to impossible to record a true 16:9 signal with them to properly fill modern widescreen televisions, even in standard definition. Your typical recording will be in 4:3 letterboxed format. (In the USA, the Phillips/Magnavox units with ATSC/DTV tuners will record in 16:9 off air, and you can sometimes make your cable or satellite decoder output 16:9 in a way that forces some recorders to make 16:9 recordings, but its a crapshoot). Then there's the "timer" factor to consider: if you have cable or satellite, you are basically going to be stuck setting manual timers on both the decoder box and the dvd/hdd recorder in order to timeshift. This is a confusing, annoying pain to do and is the number one reason recorder sales have totally died in the USA.
Those of us who have the collecting bug tolerate this half-assed recording format and insane timer coordination because we have no choice, but if you aren't a collector its silly to limit yourself to a device that won't record hi-def 16:9 and doesn't offer "one-click" childproof timer recording. I don't like encouraging the trend against independent recorders, but realistically there is no point to buying one unless you have a definite interest in making/collecting DVDs. You have a few diehards here on AVS who aren't collectors but are obsessed with the notion of avoiding cable or TiVO fees: the numbers don't really support that argument either. A good (i.e. reliable) DVD-only machine runs close to $200, a recorder with HDD runs $250-350. In most US regions, that money will buy you two to three years of TiVO or cable/satellite DVR service (the typical lifespan of a dvd/hdd recorder), with a much easier interface and better recording quality. Consider your priorities (and other family members) carefully before dropping serious money on a DVD/HDD recorder.