It would be about the same

It would be about the same as if you copied a VHS tape onto your computer. Because you’re transfering your AV signal to the converter via an analog connection, you’ll get analog image quality loss, but it will be nowhere near as bad as if you tried to edit the files created on DVD.

This isn’t the end of the world. You won’t produce Cinematic masterpeices, but on the same note, the image will still be acceptable for home use.

Good luck to you, and if you have any more questions, just ask!