I would just like to say thanks to all those who take the time to post their experiences, and as such I managed to sort out my problem which has been resolved.
I read a lot of stuff here and finally decided to get DVRaptor card and also Canopus AVCD 50.
I now am well into my mission, which should take me months, and it is almost automatic.
It takes me about 6 hours per 1 hour of tape to convert and burn using the Raptor Edit and Nero 5.5

once again thanks to you all.

Pete (u2caesar) [/b]