Some cliches come to mind. Garbage in, garbage out. You can't make a silk purse from a sow's ear. Analog to digital conversion includes some loss.
Analog sources are disappearing anyway. I'd rather put my $600 in digital equipment when HD DVRs come out than try to make my VCR look better and be disappointed in the result. Right now I prefer watching 480i original material in its native mode than having my E86 upconvert it and that's a digital signal.
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