TVSquad

As I mentioned the other day, I'm in the process of converting my old VHS collection into digital video files for easy storage. Fortunately I have a PCI TV tuner card that serves double duty as an analog video capture card. But if you're not so lucky, you might want to take a look at Plextor's ConvertX PX-AV200U.

Like earlier devices in the ConvertX line, the PX-AV200U lets you plug an analog video source like a camcorder or VCR into your computer and save your video as a digital file. But the PX-AV200U replaces the case that earlier converters came in with a tiny dongle form factor.
The little dongle plugs into your PC (running Windows XP or Vista) via USb 2.0 and lets you plug in any S-Video or composite audio and video source. You can convert your files to MPEG-1/2/4 formats or to iPod and PSP friendly files.

The $69 box also comes with VideoWorks6, which provides basic video editing functions, allowing you to cut scenes or add music or voice-over narration. That might come in handy if you're encoding home movies, or if you've just always wanted to provide your own DVD commentary for Return of the Jedi.

[via eHomeUpgrade]