Newb question about getting video to PC w/ Panasonic Palmcorder

[flash19901]

OK, guys. Take two.

I have a Panasonic Palmcorder Palmsight VHS-C PV-L559 camcorder. I have the cable adapter for video output with the yellow and white a/v cables on the off camera end. What would I need to be able to record video and transfer it to my laptop?

I am looking at a VHS capture adapter like the Easycap that goes from your a/v fittings to a usb hookup.
Is this needed? Do I need a tape regardless for recording data? Or can I rig something to record to a memory card or some such storage device where I don't need to buy the tapes?

Here's a basic rundown on my laptop.

Dell Inspiron 1501
40GB HD
Roxio DVD Creator
Windows Media Player
A couple of other possibly related programs on the PC.

Now, I am not familiar with video slang or lingo at all so go slow and speak in little words that an auto parts salesman might understand.

[Krispy Kritter]

Any capture card (including most TV cards) have audio/video inputs and can do what you are trying to do. Just in your case, you are limited to USB versions.

[flash19901]

OK. What's a capture card?

(stop snickering)

See, I'm not proud. I just don't know what any of this means and hope to learn.

[Supreme2k]

It's something like this.

[Krispy Kritter]

http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&N=2010380047%201685342852&na...0%26%20Capture

Or ANY other video card/device which allows video input (most TV tuner cards).