The info on that product is a bit sparse and I'm not sure if it can go VHS > DVD.I guess you can always hook up a second vcr to it lol.
What about getting those cable > usb dongles and using software. If you go this route and if you're comfortable using video editing software I can walk you though.
Hauppauge WINTV-USB-FM Analog NTSC TV Stick External USB2.0 TV Tuner - HAUPPAUGE - 1334