Actually, as far as I know you don't need anything extra on your computer. It just treats it as a digital camera. Cuz that's what it's meant for...video tape conversion, but I kinda cheat and plug in the Xbox instead...it thinks it's a camera though. It works VERY well. Very clear and crisp, it's the quality you get on your television while playing.
I think mine cost around $125, but I'm not too sure...but it's in that price range. Pretty cheap for a neat thing.
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