Should be able to drive the pixels fine, but it only has one TB port. You would need an additional device to get a second port. There are USB Video adapters that would probably be OK for a VGA connection. There is also the Matrox Dual-head toGo, which takes Mini Display Port input (TB is compatible) and outputs two VGA, DVI or DisplayPort. You might need yet another adapter to get to HDMI.
The Retina MBP has 2 TB ports plus a built in HDMI port - no adapters required, but a lot more laptop, both in price and weight...