I've recently decided to do something about the pile of 10+ Hi-8 tapes in my TV drawer. In particular I'd like to edit these before burning to DVD, so that they are actually watchable, rather than the 6hrs of raw Maldives footage that I can't bear to plough through at the moment!
From reading a few articles, it seems that I need to make a decision about which kind of format I should convert the Hi-8 to. Either DV then edit, then compress to MPEG-2 for burning OR Hi=8 straight to MPEG-2, then edit the MPEG-2?
I understand that DV is MUCH larger, but easier to edit before compressing? And less 'lossy'?
And MPEG-2 takes up less space but is harder to edit and has issues sometimes?
Is this about right? Will I get decent results if I transfer Hi-8 to MPEG-2 and then edit the MPEG-2?
By editing, I would like to cut out sections and maybe add some music and transitional effects. Possibly mixing in some stills too. I'd also like to chapter the resultant DVD and choose the chapter points, as well as maybe design the title and root menu layouts.
Any advice appreciated. On a budget, but want good results (ie, as little quality loss as possible from original source, and no problems with sound synch etc)