The easiest way is to buy a combination VHS-DVD recorder. You can pick one up for around $100 at Wal-Mart or someplace similar. Then you just pop in your tape and a blank CD and let it do it’s thing.
Be sure you get a recorder and not just a VHS-DVD player.
You need a “digitizer” to do this on a computer. I just did one tonight. I use a Canopus ADVC-100.
There are many other solutions, here’s an example: Hauppauge | Page Not Found
In the past year I have copied several hundred video tapes to DVD using a VCR and a separate DVD recorder (Panasonic DMR-ES25). It worked fine. Your DVDs won’t look any better than the source tape, of course, but DVDs are much more convenient and take up a lot less space.
Since you already have a VCR, as long as it’s in good working condition, you would probably do better to buy a DVD recorder instead of a combo unit. Spending about the same amount on a separate recorder will almost certainly get you better quality than the recorder in a combo unit. The only downside is that you have to wire the two units up, which you don’t have to do with the combo. But it’s not rocket science. Output (video, audio L & R) of the VCR into the inputs of the DVD recorder.
My particular Panasonic model is no longer available, but Amazon is showing several other Panasonic units for as little as $120 new. Other models run $180 and up. They also have some VCR/DVD recorder combos (about $150), but I still recommend a separate.
My previous DVD recorder was an RCA, and I do not recommend them. Mine was quirky and troublesome. The Panasonic is great.
BTW, the combo unit in your Walmart link is not a DVD recorder.
As mentioned by commasense, the unit in your link plays DVDs, but does not record them.
The cheapest (but not neccessarily easiest) way to go on this if you already have a DVD burner in your computer and a VCR is to get a TV card for your computer that has RCA inputs. This one is $20 plus shipping.
It may not cost you much (at first) to try it out, but I think you may find using your computer is much more cumbersome and inconvenient than using a DVD recorder.
I could be mistaken, but depending on the software you use, you may have to record the entire video program to hard disk first, then burn it on the DVD, which means you may have to expand the capacity of your hard disks significantly. It will also take longer, since it’s two steps. You may need to buy software if the basic utilities that come with the TV card aren’t up to the job. And I’m not sure the quality of the recording will be as good.
With the DVD recorder, you just hook them up, press play on the VCR and record on the recorder. Wait until the show’s done, then press stop, and finalize the disk, if you want to. Easy peasy. And you can use the recorder to shows record off-air, and play regular DVDs as well.
In short, it may cost more and be more time consuming to record with your computer than with an external DVD recorder. If you only have a few tapes to copy, the computer may be acceptable, but if you’ve got a lot, I think it could be a pain.