I recommend that you download the free iMovie HD6 for those with iMovie 08 who do not have a prior version of iMovie HD6. You can get it here:
http://www.apple.com/support/downloads/imovieHD6.html
And, do this tutorial:
http://www.apple.com/support/imovie/tutorial/
It is more capable of creative editing and you have a quite a bit more control over your iMovie with it.
+So, your method worked using just a VCR, a camcorder, and your computer? No special converters?+
Yes, I just used the AV connectors that came with my camcorder to hook the camcorder to the VCR....which was in a combo TV/VCR unit so I could see the footage on my tv, just to make it easier. The AV connector cable has a special prong that fits into the camcorder, and those white/red/yellow prongs at the VCR end. The TV/VCR is a few years old, certainly not anything fancy or new.
I didn't bother with a converter since I just used the camcorder.
My computer and that VCR are not physically close enough to try to import directly, and since I wanted the digital tapes of the original footage, recording first to the miniDV tapes worked for me. Canopus makes a couple of nice converters...they are around $150-250, I think.
Then, to connect to the computer with the camcorder you will need a 4-6 pin Firewire cable.
+I might do it sooner or I might put it off for awhile while I practice messing around with iMovie.+
The benefit of recording from VHS to miniDV tapes is that the tapes are digital, they store easily and the footage will not degrade before you get around to creating your iMovies and DVDs. iMovies can take up lots of drive space, so don't be thinking that you will just import them all and save them for editing later. You would need a huge amount of space for this. Most of my movies are just under 2 hours, and occupy between 25-40 GB each. A couple of my movies were well over 100-140GB!!!! Yes, that is correct. I have a couple of external drives that I use for my movies while I am creating them. I usually have about two or three that I am working on at the same time.
+We want to put them in a digital format that will be easier to store and play and safer from eroding over time, so I guess the end format I'm looking for is DVDs.+
Because DVDs can break/crack/warp/melt/etc, you should consider exporting your finished iMovies back to the camcorder so that you have the miniDV tapes for more permanent storage and as a backup to your DVDs.
That is one of the big reasons that I don't use iMovie 08---it does not permit exporting back to a camcorder.
Although I do not save my created iMovies on my computer after I have made the DVD and exported the edited movie back to tape, I do save all my iDVD projects as disk images. A disk image can be up to 4.7 GB--even my large movies were automatically compressed down when put into iDVD. The limitation in iDVD is the total length of the movie in TIME, not SIZE. I use single-layer DVDs, which can hold up to 2 hours of content. Creating disk images allows you to have an exact copy of your iDVD projects, self-contained so that you can delete the original iMovies and the original iDVD projects. You can use the disk image to burn your disks when you first create them, and any time in the future. It is a good backup for the entire DVD.
Enjoy being creative with your movie projects! Post back with any more questions, and feel free to email me if you want.
Regards,
Beverly