haven't tried it yet. I don't have time to look at it right now, but will try to do it this week if no one else responds before then.
I can't vouch for the Studio version.
In the meantime, can you see the video on the Elura's LCD when the Hi8 is playing? The Elura CANNOT have a tape in it for this to work. It certainly involves a Vegas option to start capturing from the tape's current position. That is, it should not be telling the camera to rewind.
Another thought is that I've got an old Sony that I use for this. It may not tell Vegas as much about its status.
As I said, I'll try to play with this in the next few days.
I'm capturing old Hi8 tapes to computer via analog-digital passthrough using a Canon Elura 100. I have a trial version of Sony Vegas Studio but it doesn't allow me to capture video with my setup. I have a Sony Hi8 HandyCam with the old tape inserted hooked up to my Elura 100 (with no tape) which is hooked up via firewire to the computer. When I go to capture it prompts me to insert a dv tape in the Elura. If I insert a tape it just tries to capture what is on the dv tape. If I don't insert a dv tape the sound comes through to the computer from the Hi8 tape but no video registers. The capture button is grayed out preventing me from capturing anything. I've heard good things about Sony Vegas but analog-digital conversion is essential. What do you think?