I hope you have a top of the line laptop because usually laptops don't have enough processing power (mine does but I don't think you can call my Alienware 15 plus pound monster a laptop. Talk to the computer manufacturer so see what card they recommend.
I can't offer a suggestion because you did not tell us what computer you have. You may be able to buy a stand alone converter card that plugs into your pcmcia card slot (if you have one). There is no magic wire to convert Firewire to USB. I use a Digital Sony VX-2100 Professional Camcorder 1394 firewire out, How can I get my footages from the Sony VX-2100 into the Power Director 16? What cable do I need? My Laptop does not have 1394 Firewire, but it gas USB Ports! Please tell me the type of cable that I need that will work with Power Director 16? The camera/player I am using is a Sony Handycam Video 8 and I have connected the yellow and white leads. I have installed the software etc and it all appears to be working but when I click 'Capture' it goes to the on board PC camera and doesnt seem to recognise any other device.
Quote I bought the Silver Crest USB video grabber from Lidl to transfer old 8mm Video8 films to my PC.