If you go to the timer memu and select a timer you should then be able select whether you want that timer to either wake up the reciever or record.
My flash drive went bad recently so I haven't used the record function lately, but I did have mine set to record Quincy on a daily basis and it worked great. The only thing that frustrated me is the fact that the unit shuts down after finishing with a timer and since the unit doesn't remember the time/date when it's cycled between standby and on, the time/date has to be set each night and the unit left on for the timer to function the next day. This also makes setting more than one timer basically impossible. I really hope they fix this issue in the next firmware update.
I'm going to pick up a new flash drive soon, maybe an external hard drive. I don't seem to have much luck with the flash drives.