Converting Analog video to Digital Video to edit and burn DVDs?

I have some footage of my wedding (2 videos). One was taken on a VHS-C camcorder and the other was taken on a Hi8. The friends that took these put them both on a big VHS tape. I am interested in *somehow* getting these video files onto my computer to edit them using Windows Movie Maker and later making a DVD with Sonic MyDVD that came with my computer.

My question is--would it work to purchase a DVD-Recorder and simply stream the video through it and put it on a DVD then use that DVD to import the video onto the computer or will a DVD recorder even produce a DVD that the video can be edited? I had several people suggest taking it to Wal Mart and they would put it on a DVD but I want to be able to edit it myself and also have something that in the future I can transfer VHS and other analog things to DVD... any suggestions? I'm also in the market to purchase a digital video camera and heard that some of them offer the capability of converting analog to digital... Any suggestions?

Converting Analog video to Digital Video to edit and burn DVDs?band myspace

Well it is far better to perchase DVD_recorder rether then encloding through a computer. may lost some result quality as well.

Converting Analog video to Digital Video to edit and burn DVDs?celeb myspace myspace.com

The easy way : Buy a dvd recorder and hook the vcr with the dvd recorder and thats it.

The other way : Buy a VCR with firewire conection but once you connect the vcr with the computer you must set up the capture device to capture video and audio from "a non controlable device" this means that you have to control the vcr not the editing program.
You can buy a DVD recorder and plug them into the composite inputs on the back or front of the unit. However the Hi8 tapes will not work in your VHS-C adaptor. You will need to hook the camera directly into DVD recorder. If you want to be able to edit these videos then you will need a capture card and editing software such as Pinnacale Studio. A new video camera might have the option for analog to digital conversion. You need to do some home work and see if that feature is available, normally on the lower end models you will not find it.