One thing that we are looking at getting is the Matrox RT.X100 Xtreme Pro Suite. That seems to have just about everything we need in it to make at the very least a nice looking dvd.
Will that right there do what were looking to have done?
The RT.X100 will easily do what you want, and it will do about as good a job digitizing your analog video as possible, but you may not be happy with the results. Standard Play VHS is only about 230 lines of resolution, while a DVD is 500 lines. A DVD mastered from a VHS tape will look as soft as a VHS tape. Newer video shot on DV will look a lot better.