Hi Larry
If you have the original Hi8 Digital Video tapes, it would be best to re-capture direct from the tapes and into Vegas. This is going to give you the highest quality end product. I personally have no experience in doing this, so everything is theory only for me.
If you can connect your Hi8 direct to computer, you can use the Capture plugin in Vegas. Back in the day, this would normally be done using a Firewire connection from the camera to computer, however most modern computers no longer have Firewire inputs. If you can connect using Firewire, open Vegas and go to Project/Capture Video - then use the import module.
If you can't connect using the above method, get an Analog-to-Digital DV capture device like the Canopus ADVC-110 or ADS Tech A/V Link and capture to DV quality. Then edit and archive as DV and finally burn to DVD for viewing.
You may also be able to import from DVDs by going to Project/Import DVD Camcorder Disc, however I am only guessing about this and not sure if it would actually work.
Regards
Derek.
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