OK, I've decided to do something a little exotic. My JVC RX-DP15B reciever does video scaling. I've decided to use the receiver to scale the laserdisc to s-video or component and capture with the PDI Deluxe card. During my tests I've discovered a slight quality improvement scaling composite to s-video compared to going directly into the PVR250MCE with composite. With the PDI Deluxe card I can capture the video in YUY2 instead of MPEG and potentially have a further improvement capturing through component. I'll keep everyone posted with the results.

As an aside, I 've discovered that it only took 10 minutes to disconnect my receiver from my home theater yet over an hour to hook it up.