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Adding to the options suggested:
I bought the ADS Pyro A/V Link, and Adobe Premiere Elements 1.0 came bundled with it.
My Samsung Hi-8 Analog SCL860 Camcorder plugs into the front of the ADS (via the yellow and white cable which came with the camcorder). Three cables attached to the back of the ADS connects to my computer’s firewire, S-video and audio.
Any Hi-8 tape now records to the computer using the "Capture" facility in Premiere Elements. With Elements I edit the newly transferred video then burn it to a DVD.