TVE - max simultaneous recordings?

This may be a dumb question, but...

I assume multiple simultaneous recordings can be made from a single TVE source? and I understand that whatever simultaneous stream limit the underlying provider has doesn't apply?

More specifically, if I were to subscribe to 'Hulu + Live TV', I don't need to pay for Hulu's 'Unlimited Streams' add-on?

If so, I'm guessing the practical limit for maximum simultaneous recordings is the combined constraints of available memory, CPU, disk, and internet bandwidth?

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I tried 25 at a time and it worked great with my synology 218+

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