Hey JC,
Spent a nice week in VT this past Summer, near lake George, beautiful!
No, if you’re shooting DV you gain nothing by digitizing at any other codec, EXCEPT, if you like the look you get by capturing via component which I sometimes do, same camera. (I do this wiht a DV deck that has component io) It’s a little softer, seems to convert to a film look like Nattress G-Film a little better. But, this is TOTALLY subjective, and subject to different user’s setups and monitors so results will vary. In short, there’s no one answer.
The main advantage to working in an uncompressed timeline, (10bit is overkill IMO and a harddrive and render hog) is that you get cleaner graphics for a DVD or whatever.
Have a wonderful day.