What is the best way to go from vhs to dvd?

Any anyone recommend some hardware (at a reasonable cost - i.e home user)
that would produce a reasonable quality output. (i.e at least as goods as
VHS origional, and enhanced if possible)

I have seen hardware solutions such as the advc300. If this the best way
forward, or can a equivilent result be acheived via a imput card and
software?

any thougths?