My advice before you buy, would be to check out the forum page of the device you are contemplating. The problems will enlighten, I didn't and bought a Pinnacle Studio DC10 (comes with internal card), it has now been given away, and I now use a ADS Instant DVD USB 2.0 external unit. it comes with Ulead Video Studio 7 SE software, and I can cut sections of unwanted video, change the Brightness, Contrast, Colour etc before saving, ready to burn.
This gives me great capture in both mpeg1 (and mpeg2),and replaying the new CD/DVD video looks as good as the original VHS, ie OK with colour set below TV factory settings to prevent movement.
I purchased the shop version of Video Studio 7 but didn't work with the ADS unit (or does it, anyone know?)
Burn can be done with the supplied Movie Factory, but this will not burn anything over the CD/DVD capacity. But I find that Nero 6 Recode software will do so, by automatically reducing the file to fit.
hope this is of help