Anyone used AV-USB converters

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tsk1979

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Basically this -> DealExtreme: $12.69 EasyCAP USB 2.0 Audio/Video Capture/Surveillance Dongle
It takes video from your camcorder, and converts to MPEG through USB port.
Downside? Its real time, but then with older camcorders Tape to MPEG conversion is always real time.
I wanted to know if somebody here has used such devices to convert your DV tapes to digital format.
I have a 1GB RAM Dell Inspiron Dual core 1505, so I am wondering whether I will have processing power limitations?
MPEG2 does not sound too heavy
 
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