Genghis
So, you can be IFR whilst simultaneously VFR..
Unfortunately not. If you reread the paragraph it states
VMC not
VFR.
VMC = the met condintions you are flying in.
VFR = the rules under which you are flying.
You can quite happily fly IFR in VMC (as offshore helicopters do all the time), but be prevented from flying IMC for various reasons (e.g. pilot qualifications, aircraft limits, inside Class A airpsace).
VMC is not the same as VFR.