Set up an 8mm projector and watch the film to be transferred. Determine whether the film is in good enough shape to be transferred.
Set up the DV camera facing the projection screen. Frame up the camera so the projection screen fills the frame entirely. Conduct some tests with the footage. Adjust the shutter speed and other settings until the image looks correct and there is no flicker.
Begin recording with the DV camera and start the film from the beginning. Ensure that the area around the recording stays quiet so the recording has accurate sound. When the film is done, stop recording. Transfer the digital recording to a computer and burn a DVD.
Watch the DVD and determine whether all of the footage is there and in good shape. Make a backup copy of the DVD. Place the 8mm film back into storage. Do not destroy or dispose of the original film.
Maintain the original copy, the digital copy and DVD copies so it is easier to transfer next time a format change comes around.