It lets you transfers video to your Mac from any analog video device.
Transfer video to your Mac from a VCR, DVR, camcorder, or any other analog video device as an iTunes-ready H.264 or MPEG-4 file.
There is no easier way to transfer home video to your Mac to play in QuickTime, to sync with an iPod, iPhone or Apple TV, to edit in iMovie, or to upload to YouTube.