An audio/video storage/retrieval system and method that permits efficient and cost-effective simultaneous recording of multi-channel A/V information from a variety of sources is disclosed. The system/method may be broadly described as generally incorporating baseband conversion of source RF modulated A/V information followed by analog-to-digital conversion and storage on a storage device utilizing a dual port interface that incorporates an additional computer access port to permit transparent storage access by a computer system. Retrieval of stored A/V programming from the storage device via the dual port interface permits the stored A/V data to be converted to analog and RF modulated for presentation to an A/V presentation device. Additional A/V source and/or target selectors may be incorporated into the system/method to permit recording a plethora of A/V sources such as raw A/V signaling, OTA broadcasts, clear/encrypted cable QAM broadcasts, cable set top boxes (STBs), and the like.