Hi Jo,
I have found that the software that comes with most hardware devices was packaged months ago and the company has updated the drivers to work better than what is in the package. I would definitely try using the enclosed software, but if you find that it does not work that well all you have to do is go to the website and download the latest drivers. Here's the site for your device:
http://www.hauppauge.com/site/support/support_hvr950q.html
Pinnacle is a very easy to use application that will allow you make professional looking DVDs with menus and links. The cost is around $129 or less at selected retail outlets. Vegas Pro is what I also use for Professional DVD rendering and development for client projects. However, it's not for the average consumer since the cost is around $400+. If you should decide to record some of the TV programs and want to transfer eventually to DVD I would recommend Pinnacle.
I love helping people. I spend hours each day at clients homes and businesses teaching and consulting in all areas of technology integration for home and business use, designing webpages, and anything technological. Trust me, once you get started on the TV watching you will eventually want to record and transfer to DVD. It will happen.
Have a GREAT WEEKEND!
teKno