You certainly can! The V+ Extras section includes "Copy to VCR/DVD" - this will play any recorded content you select to the VCR SCART only, leaving you free to watch whatever you want on the TV SCART/HDMI/Component outputs while the recorded programme copies over! And you can still record two other programmes at the same time.
For it to copy HD content, though, you'll need the main output to be in SCART mode.