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Milt,
I could go into so many tangents on this subject but the best thing if you want to do this yourself is get yourself a desktop machine with a fast processor and a video card that can accept most video sources (Firewire/USB/AV cables/Co-axial etc.). Dare I say, a Mac. I have heard Macs are great for video work but I haven't used them personally.
Most laptops just do not have enough processor speed to edit video work and recompress and even if they do they take a couple of hours. It comes down to where your level of patience lies. The laptop is great for burning but the other negative with video work especially recording old works is you want the best quality you can get which at minimum should be 640x480 (standard tv resolution).
If ever you want help, let me know and I'll be happy to share.
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Modes of Transportation:
1984 Porsche 911 Targa
2003 VW Jetta GLI
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