Video Capture Devices for Mac to transfer VHS tapes

Here are some of the budget friendly video capture devices for mac computers that will help you transfer or digitize your VHS, 8mm, or other video tape collection.

Elgato Video Capture
4/5 mice from Macworld
4 star review average on Amazon
$100 retail
$83 on Amazon
Trim, audio, and video controls
Large preview window
Video resolution: 640×480 (4:3) or 640×360 (16:9)
Video format: H.264 at 1.4 MBit/sec or MPEG-4 at 2.4 MBit/sec
Audio: AAC, 48kHZ, 128 kBit/sec
includes easy-to-use capture software
Composite and S-Video inputs

Elgato Video Capture Input Device Review | Macworld


Roxio Easy VHS to DVD for Mac

3.5 out of 5 mice from Macworld
2.5 star review average on Amazon
$80 retail
$66 on Amazon
Composite and S-video inputs
No controls for adjusting video or audio settings
No trim option

Roxio Easy VHS to DVD Input Device Review | Macworld


See a video of Macworld comparing the Elgato and Roxio video capture devices:
Digitize VHS video tapes | HDTV | Macworld Video | Macworld


Other, pricier options. . . .

Best DV Converter/Video Capture device - Macworld Forums
The best DV converter available on the consumer level is the Canopus ADVC-100. If you look around you can pick one of these up for about $250. This box will allow you to hook your VCR up to your Mac's FireWire port and send your video right to iMovie. It's not quite as convenient as a DV camera, because there is no machine control, but it works pretty well.
There are three or four DV converters available in the sub-$300 price range, but the Canopus is the best of them. This will enable you to get your VHS tapes into iMovie. You can edit them there and put them out to DVD using iDVD.