Hi 8 video cameras usually came with an original RCA output cable. Locate this cable and attach the video camera to the flatscreen TV.
Set up the digital video camera on a tripod or other flat surface facing the TV. This will be used to record the image on the TV screen to create a digital copy of the footage. The screen should fill the entire frame.
Start the footage on the video camera and start the digital video camera at the same time. Record all of the desired footage.
Transfer the footage from the digital video camera to the computer. Cut out any blank space at the beginning or the end. Export the footage to a DVD using whatever preferred software on the computer.
Test the DVD copy to make sure that the picture fills the screen, and the image is in good shape. Save the original copy and DVD to make future transfers.
This method requires more expertise than the first method, but will degrade the image less. It requires the use of the VCR or DVD player with a record function, and an RCA cable. Start by hooking up the video camera to the input of the VCR or DVD player.
If using a DVD player with a record function, pop a blank DVD into the drive, and start recording. Press play on the video camera. When finished, test the DVD in a different DVD player. If it works in this player, you're done transferring your footage.
If you don't have a DVD player with a record function (they are rare), hook up the digital video camera to the output side of the VCR with the RCA cable that should have come with the camera. No TV is necessary for this method, as the digital video camera will act as the monitor. After it's all hooked up, check to make sure that the image is playing on the camera.
Rewind the video camera back to the begining of the footage to be captured. Start the digital camera rolling and then play the video. Once complete, transfer the footage to a computer, remove any unwanted blank space and export to a DVD.
Test the DVD copy to make sure that the image is in good shape. Save the original copy and DVD to make future transfers, as formats change.