Capturing from old vhs tapes

I want to capture a bunch of old VHS tapes into CS6. I have an analog to digital converter that I'm going to plug a VCR into and a Firewire cable from the converter into my computer.

1.) Can anyone recommend any general settings for making sure I get the highest quality possible?

I'm looking at using the following settings:

Sequence Preset

DV - NTSC

Standard 48kHz

and then going to:

- File > Capture

- Press play on the controller at the bottom of the window

- Press record on the controller at the bottom of the window

Any advice will be greatly appreciated!