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If (as I think you’re saying) you are going from VHS to the analgue input of a camcorder, then the firewire out to premiere, then the only problem would be the quality level of the old video tape. using a camcorder in this way is the same as using a dedicated analgue/digital converter like the Canopus. I’ve got a couple of the JVCS-VHS/DV combined units, and firewire out to premiere from S-VHS is pretty good. VHS first generation is just OK, but obviously nowhere as good as DV. Second generation VHS is grim, and anything more than that unusable. Also – first generation LP is also pretty awful. Mind you if you take the LP resolution of around 180ish TV lines, what do we expect?