Word is born. I do the same, although I usually watch the recorded video on my puter. I burn some stuff to a VCD, but normally the video ends up on a plain old data CD-R. Digital VCR's (what the TV tuner/capture card is, basically) are much more practical than traditional VCR's. Plus, the media for Digital VCR's is more efficient and effective!
I don't use it at a VCR- no PC in the living room and a picky DVD. I do save some programs as a VCD. This is particularly useful for sharing with relatives in Canada- easier to mail than a VHS tape and not as much hassle with PAL/NTSC (computers and many DVD's will play anything).
That's good stuff if it can record in a compressed format like DivX right off the bat. If you record a program without commercials in DivX, then you have to do zero editing. Well, you can still do zero editing with a program with commercials, but why? Unless you like watching commercials.
One Ring to rule them all, One Ring to find them,
One Ring to bring them all and in the darkness bind them
In the land of Mordor, where the Shadows lie
-- JRRT
M.C. Escher - Reptilien
Am capturing old movies from the 30's - 50's mainly. Like old westerns. then editing and putting on DVD. Have also done some newer ones, like Tears of the Sun. Have only a P-4 1.5 w/256 RDRAM. Capturing w/ATI 8500DV. Been trying all the software that has free trial available. Looks like Ulead DVD moviefactory 3 disc creator is the winner so far.