I recorded about six hours during our honeymoon in Italy -no bedroom recording you perverts!-, and spent another 10 hours or so watching it, selecting, cutting, and adding soundtrack to create a one hour VHS.... that I never watched again! This was 10 years ago.
I have done some easy things with Windows Movie Maker. It is easy to use, but I don't want to do the same with my old VHS tapes. You know, they have recordings of family gatherings, first steps of the baby, baby bathing, at the beach etc. I don't want to spend time with it, I just want to convert it to digital and that's it.
Over here in Europe you can buy DVD players with AVI capability, that is, they include the chip that make the codification. So you can play any DVD with .avi files inside. So I would simply rip the VHS and copy into a DVD, to either watch them on the TV or on the computer. In fact I don't plan to watch them now or in a near future, I just want to keep them because I don't have a VHS player anymore -I've borrowed one- and it would be a pity that those recordings get lost.
I have done .mpg and .avi ripping and then, using Nero, creating VideoCD or DVD -Nero does the conversion-, and in both cases the outcome is not good. It is indeed worse than in the original file -it's obvious it can't be better, but if it could at least be the same...- so no point in recording DVD when .mpg is fine.
As i said, I don't want no fancy titles or soundtracks. I recorded the images and know where and when were they recorded. I usually don't record much -three or four minutes of bathing is enough, who wants to spend 30 minutes watching how a baby is bathed?- so there is really not much need for editing, just play the tape straight and that's it.