I did this about 10 years ago using a Canopus that I bought used on eBay. I've also loaned it out to other to do the same. It worked fine. I never edited the resulting digital movies. It's easy enough to just skip around.
Next project is to digitize my grandfather's Super-8 film from the 1970s.
Next project is to digitize my grandfather's Super-8 film from the 1970s.