VHS to mpeg. Well, you will need to get a capture card. There are usb capture cards you can get. Pinnacle studios has to easy to use stuff. ATI has there all in wonder line.

Warning though. VHS is a pain to get decent audio from. If I was you I would find a cheep local place that does it and have them do it. Unless you are a pretty good computer person I would not try it. Or if you are a big DIY'er