Oh, yeah, here's how my system is setup (only video path):
cable coax --> splitter --|--> RF coax input on TV
..................................|
..................................|--> RF coax input on cable box
cable box ---(SVideo)-->TiVo--(SVideo)-->TV S-video input

Video 1 on TV selected: Watch cable channels through TiVo or TiVo recorded stuff (No HD available).

TV (tuner) input selected on TV: Watch analog cable channels and HD channels. TiVo isn't active here.
This also gives the ability to watch something while recording something. Neither path has everything available but the combination does and I don't need the cable company's pricey HD service and set-top-box. The big gap is not recording HD material and I can live with that right now.
(BTW the DVD player is connected with HDMI)