Re: VHS importing

Allen is right about the 110 not having a TBC. It's strictly a bi-directional A to D converter.

The "right" answer for your questions depends on what you want to do with the videos.
If it's a straight conversion to DVD with no need for future editing, stick with option #1 as it's much easier.

If you plan to do any editing, you'll get better quality with option #2.
Files end up in DV-AVI format on your computer which are much easier for Vegas to deal with, especially if you want to do any noise reduction.

With option #1, files are converted (compressed) to MPEG-2 as part of the DVD creation process. While not impossible to deal with, MPEG-2 is harder for Vegas to edit, especially on an older computer.
In addition, you suffer a quality hit doing it this way.
DV-AVI is roughly 13.5 GB/hr. while a DVD (let's assume max quality of 1 hr.) is only 4.3 GB.
That works out to about a 3:1 compression. Something has to give here and it's the picture quality that will take the biggest hit.