From Tom Streeter, webcasting (and beer) expert, advice on using your webcam:
Your miniDV camera almost certainly has a Firewire/IEEE1394/iLink connection. It's just one connection, but different manufacturers called them by different names. If your camera is a Sony it'll be called iLink. Other manufacturers called it Firewire or IEEE1394. One thing, three names. Same thing, regardless.
Anyway, if what you're doing is transferring video from a DV tape, your computer will need a Firewire card. It probably doesn't have one. If you go to Amazon and search for "Windows XP Firewire Card" you'll find a listing of them. They aren't expensive. Make sure you look at "plain" Firewire and not Firewire-800 cards. You'll also need a Firewire cable to attach your camera to the computer. You should also see it noted that the card is OHCI-compatible.
Your editing software of choice should recognize your camera when you have the software open and you plug in the camera. At that point, when you start importing, you will be bringing in the video losslessly. The video was written to tape with a degree of lossy compression and there's no way to recover that information, but the bystestream emitted by the camera from the tape will be written to disk without loss during the transfer process. It's really best to think of this as a file transfer from tape to disk than any sort of digitizing process.
The situation is different if what you're thinking of is using a DV camcorder as a video capture device only while intending to use the computer as a hard-disk recorder. For that you'll use whatever analog outputs the camera has: component outputs would be best (Red, Blue, Green color-coded connectors + 2 Audio), though S-Video connectors are most common. Many are limited to a simple composite output (usually a yellow video cable connector + 2 audio cables).
On the computer end you'll need an analog capture card of some sort. If you want lossless, don't buy any video capture device that attaches to the computer via USB: those will both digitize and compress the video. Rather, get a card like the Viewcast Osprey 230 (or if we're truly talking audio only, the venerable Osprey 100). Then go to http://neuron2.net/www.math.berkeley.edu/benrg/huffyuv.html and download a copy of the HuffYUV Codec and follow the instructions to install it. For good measure, go to http://www.virtualdub.org/ and grab a copy of VirtualDub. You'll then be set up to take a video image directly from the capture sensor and record it losslessly on disk without ever invoking the camcorder's compression circuitry. Make sure you have a very big disk.
Finally, let me add a good Q/A via Quora: http://www.quora.com/Streaming-Video/Who-has-the-best-live-streaming-video-technology?q=live+streaming
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