This will never become a major feature on our site, just to add a bit of variety to our news and article sections. A lot of the video capture cards grab the video and put it into .AVI format on Windows systems. I've been playing around with a Videum 1000 card from Winnov, and it seems to do a good job. First you want to capture as clean as possible in .AVI . This can be very resource consuming if you want to do long clips.
Uncompressed video can take up several GB per minute.
I've got a 30GB drive I use just for video. VirtualDub is a very popular free capture and editing utility. Then you convert to MPEG . This is a bit tougher to use than the commercial Easy CD Creator and Nero 5.5 packages that will somewhat automate this process for you. The Easy CD Creator and Nero 5.5 packages claim to create VideoCD and SuperVideoCD format CDs for you that could easily be distributed in your markets.