I have such a device.... bought it a couple of years ago at Best Buy. It is a "Pinnacle" product. My version is called Studio 8. I'm certain there have been about 58 newer versions created since then. I paid about $200 for it, and it included the board I had to install in my computer, the interface cable, and the editing software. I had some bugs with it initially... when I captured, the video and audio was sometimes not in-sync. From Pinnacle user-forum I actually found a secondary piece of software real cheap that I use to capture and get around the sync problem. The editing is fairly user friendly... again, a few bugs but nothing I couldn't deal with. I can record back to tape or burn Video CD's (which play in most DVD's). However my version does not burn DVD's. That is all a moot point however because again, I'm sure there are upgraded versions now... although it may soon be hard to find analog conversion systems since everyone is starting to shoot digital.