I just read a great article by Beau Sharbrough on the topic of "Transferring 8mm tape to Digital Video." The article is short on technical mumbo-jumbo and long on "here is how I do it." In short, it is an interesting read.
If you have an interest in transferring videotapes in any format to digital video, take a look at Beau's article at http://ancestry.com/learn/library/article.aspx?article=10115
