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Lately I've been using Premier Elements for capturing VHS video and burning to DVD. I use a Canopus adaptor to connect the VCR. I've tried a few other programs, but the encoding didn't look good. Premier Elements, on the other hand, has an EXCELLENT encoder (and you pay the price in the amount of time it takes to process the video, but it's worth it).
Also I've captured raw camcorder footage and use Prem. Elem. to edit them. Simple, easy to use transitions (fade to black, etc.) and an easy way to boost audio levels for those scenes that are hard to hear make this my favorite general purpose SW. I really like it that I can encode once and burn to DVD. It's too easy when using more than one program to end up re-encoding wasting time and quality.
For special jobs, where I want more control over DVD menus, and more special effects (such as creating masks for each of multiple videos, and bringing videos into and off of the screen, etc.) I use Serif MoviePlus 4. It's around $50, but is very powerful. I wish however that it burned DVDs, but it doesn't. It's focus is editing only.
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