Will this work as a way to record PC gaming shit without using (as) much memory? Hauppauge is an HD PVR for those who don't know.
PC(DVI OUT)--->---[DVI to S-Video Converter]--->--Hauppauge(S-Video IN)-Hauppauge(USB OUT)--->---PC(USB IN)
http://k.min.us/jbgoD0.png