Device/software similar to Dazzle for Windows 8?

After almost 10 years of yeoman service, I had to junk my old computer for a new HP Pavilion (HP 500-056) which has Windows 8. To capture VHS tapes I had been using a Dazzle 150 that came with a stripped down version of Pinnacle Studio. The Pinnacle software was lousy, but I had to use it for capturing and fortunately it was able to do that function. Once captured, I migrated the captured video file over to ArcSoft Showbiz to do the editing and burning. Maybe not the best products, but they served my needs. I'm sure the old device and Pinnacle software won't work on my new machine. In fact, I don't even have the ArcSoft Showbiz software any more because that was a freebie that was pre-installed on the old computer.

My question is: is there anything similar I can get for my new computer that will work with Windows 8? The specs for the newer Dazzles I've seen only go up to Windows 7. I found something called "Honest Technology VHS to DVD 7.0 Deluxe Software & Hardware" that's supposed to work under Windows 8. But it says it needs Windows Media Player, which also wasn't included on the new computer (at least the video part, that is). Does anybody know anything about this product? Does it really need Windows Media Player, or will any other DVD playing software suffice? I do have Cyberlink Power DVD on the new computer, which will play DVD's. It would be nice not to have to get another Dazzle and the lousy Pinnacle software that comes with it.