Thinking of getting EyeTV Hybrid to convert VHS to digital - the right move?

Hello,
I am soon going to be going back to Macintosh after a failed 17 year experiment with Windows and one of the things I will be wanting to do is transfer some home videos I own into a format that I can edit likely using I-movie. 
I have reviewed several discussions on-line, and think I will be going with EyeTV Hybrid but I am wanting some fresh advice to make sure I am making the right decision.  The videos I will be wanting to transfer come in, what I believe, are two analog forms VHS-C (which I would play back using a VHS cartridge converter as the camera is dead) and Hi8MP which I would play back using a Samsung SCw62 Camcorder.
Essentially, I am looking for a good conversion but it does not have to be great.  I would like to be able to do some editing once they are converted, but these are home movies and I am treating them that way and not looking at producing a professional quality video.
So here are the options I have gathered online.  As I said, I think I am likely going to go for EyeTV Hybrid but would appreciate any feedback as to whether it’s the best option for me or whether I should be considering something else. Money is an issue and I really don't see myself going much above $200 on this.
From what I have read, EyeTV Hybrid seems like it might be my best option.  Its priced at around $150 which fits my budget and I understand the results are fairly good.  Any reason why I should be wary of this option?  Is it fairly straight forward to use? From what I understand, I all need to buy is this and it comes with the necessary software – am I correct?
I have read that video pass through in which the camera essentially converts analog to a digital signal. This does NOT appear to be an option for me unfortunately.  As I mentioned, I own a Samsung SCw62 Camcorder and I also own a Sony HDR-CX110.  Reading through the manuals I could see nothing that would suggest they could do this but I would be delighted to be informed that I am wrong.
There appeared to be a consensus on the threads I read that the Grass Valley ADVC300 analog DV converter would produce a high quality transfer.  However, the price that I have seen is about $400 and this is far more than I am willing to pay and I haven’t seen a used one on ebay.
The ADVC110 does fit my budget but I am wondering if it would be much better than the EyeTV Hybrid as the prices I have seen have been a little more than $200.
There appears to be a consensus that the Roxio Easy VHS to DVD will result in a fairly low quality video and is not recommended. Anyone disagree?
Are there any other options I should consider? 
Finally, as I noted I want to make some nice home movies using my old analog tapes is there any reason why investing in Final Cut Express would help in the conversion process?
Thanks to everyone for your help.
Cheers

There appeared to be a consensus on the threads I read that the Grass Valley ADVC300 analog DV converter would produce a high quality transfer.
I have a drawer full of analog-to-digital converters (including the EyeTV Hybrid).   After using the Grass Valley ADVC300 I find nothing else acceptable.   I appreciate your concerns about the cost you just have to decide how important these videos are.
Compared to today's standards DV Video's quality is not that great, so I don't want to lose ANYTHING in my conversion, I have no quality to "spare".
I've played around with countless other conversion systems, ranging in price from $79 to $399. Short verison, this is the ONLY unit to own. No dropped frames at all, even with questionable quality tapes, no jitter, great color, excellent sound quality. Zero setup with iMovie 06 and iDVD 09/11.
This is a prosumer deck. The time code function is alone worth the price if you have old analog footage. Absolutely NO "Out Of Sync" audio.
ADVC300 is for anyone who wants to do editing and is concerned about quality of color and speed, for the novice it is an incredible gizmo that will restore VHS tapes to a state close to the original fixing midtones, highlights and shadows on the fly. Not only can you simply convert analog to digital you can actually manipulate the signal going in (if you want to).
A bit pricey but it WORKS.

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