I don't know if anyone noticed this, but you can capture DVD movies. With the DVD player into the DVCAM, connected into my computer with firewire. I was using a VCR/DVD player to capture my client's home movies, when I got curious... could I bypass Macrovision thingy, and capture DVD movies... yep. In full stereo too.
This is kinda scarey too, since I'm posting it on Sony's site... yikes!