I found a better way to record video from a Panasonic AG-HVX200 video camera. For the price of one Panasonic P2 memory card you can buy an interface that records in 720P to a memory stick or to an external hard drive. It is the AGPTEK VG0020. The adapter also has a HDMI output that you can connect to a bigger monitor.
I first tried the VG0020 at 1080i video from the camera. It would not work with one monitor and with another monitor it had a noise bar wandering through the picture. When I switched the camera to 720p the picture cleared up and it works with all the monitors that I have tried.
Here is a picture of the AGPTEK VG0200 setup.
Here is the video. The audio level is a little low..