Exclude recent posts from a specific category

I have a simple recent posts loop on my home page, and at the moment it’s excluding posts from my ‘Featured’ category just using query_posts('cat=-3'); , I’ve been experimenting with offsets etc and I can’t seem to figure out how to get it to do what I want.

I want to exclude the three most recent posts in my Featured category (id=3) from the recent posts list, but include the rest. I want to do this because my featured content slider has three posts and I don’t want them repeated in the recent post loop below.

I could just exclude Featured posts completely and then take all but the most recent 3 out of the featured category every time I post a new one, but that’s going to be a real pain.

So, is this doable?

If I’m not being clear enough, let me know! ??