In reply to the original question, I recently transferred about a dozen 30-35 year old VHS tapes to digital (AVI format) using an $8
EasyCap USB converter from Ebay. I actually bought the device just to see what level of quality a silly $8 device could provide, and I was shocked at the quality on my Win 8.1 system! After tweaking all possible parameters the resulting digital video was better than I ever imagined was possible - clear, bright, and stable - even better than the original! I also tried a $50
Diamond VC500 USB converter, just to see if there was an affordable way to make "very good" better, but the the video wasn't quite as good and the audio had various issues - so the little $8 "joke" converter still ruled!
I used the included capture software (by Honestech) which only included the basic controls, but it was enough to do a fine job. I tried several other programs that included a capture function, but the little app that came with the USB converter was hard to beat (I didn't own PD12 yet).
Most of my captured video would be complete as-is, and didn't require editing, but I was thrilled to find PD12 could separate the audio track(s) (mostly mono) and even split the existing edit points for a whole new world of slickness added to my ancient old VHS recordings.
Other transfers I made I used as raw footage that I assembled into new "productions" in PD12. Once the old VHS footage is in a decent quality digital format and using PD12 virtually anything is possible!
But I also suggest you might see if you can find any other VCRs/VCPs (from friends and family) because the playback device you use can make a huge difference in your final result, and many factors vary from VCR to VCR, especially regarding signal stability, and especially if the footage was recorded at less than SP speed! The original recording device would usually be optimal, but that seems a long shot due to time passage. And please be aware that you will very likely see some video noise at the bottom of your video frame - this is normal and due to seeing the complete image that is usually cropped off by TV displays. The noise/sync bar can cropped in PD12.
The steps would be; FIRST - if you haven't already, remove or otherwise expose all safety tabs on your VHS tapes - don't want accidentally record over these old gems!, then install the converter device as per its instructions, then in the case of a USB type device plug the USB end into any USB 2 port on your computer (but some ports may actually be faster - check comp. manual), then connect your playback device (VCR) to the converter via a 3 way RCA cable, open the capture software or go to the capture tab in PD12, select composite input (unless you used S-VHS), set the aspect ratio (4:3 most likely), press Play on the VCR, and your taped image should appear in the window of your capture application. Get the tape to where you want to start recording and optimize its stability, press the Record button on the capture application (make note of where on your HD the file will be recorded). IMHO, save to MP4 H.264 for space-saving archiving, or to AVI format if you want to edit it later or want max quality (but everyone has their own prefs on these choices - these are just mine). As with most things, experiment and make note as you go - one of the better teachers.
I say experiment with as many different playback devices as you can find, wet-clean the heads (and capstan, guides, and rollers if you go inside), make adjustments to Brightness, Contrast, Saturation, etc. in capture app (reduced contrast, saturation and sharpness can help noisy video be more palatable), and keep an eye on tracking (don't just rely on the auto adjust) and with a little luck those old tapes can at least be archived forever, and maybe even used as the basis or parts for interesting new editing projects.
All the best!
(edited for typos and clarity - a smart man could have done this in one try!)
This message was edited 5 times. Last update was at Aug 16. 2014 20:13
"I have no idea about the proper way, but this is what works for me."