you don’t need to capture more than 640×480 interlaced top field first. mjpeg is better than h.264 capture(less artifacts). uncompressed is often unrealistic due to disk speed/space
Resize in your NLE later.(more on this later)
If you want better quality deinterlace, export out high quality digital intermediate
and deinterlace with alchemist od or some other personal preference(almost anything else is better out there for deinterlace
in the world of adaptive deinterlacing)
If your framesize is different from youtube, then alchemist can also resize or use premiere’s preserve upscale.
https://helpx.adobe.com/after-effects/using/detail-preserving-upscale-effect.html
just use adobe’s youtube presets. You’ll want to match the size with preserve upscale effect so that youtube doesn’t try to resize again losing more quality.
i’d transcode all the files to prores hq/dnxhd or cineform for offline. or proress 4444/dnxhr if you want almost perfect backups.
you can also edit the h.264 via the new proxy ingest feature to use cineform(which is the smoothest to edit)
https://helpx.adobe.com/premiere-pro/how-to/proxy-media.html
I think AE does the same deinterlace algorithm or a smidge better. It’s been a while since I compared.
I wouldn’t transcode the h.264 into dv because you would lose a lot of quality going from a 4:2:0 to a dv 4:1:1 re-compression of really really low data rate.
I haven’t compared the matrox codec compression but you might(as a compromise) try handbrake, then reencode with the constant quality slider at around 18 and see if you like the quality/filesize.
unfortunately, any backups of high quality and small file size do not exist, as even wavelet codecs like cineform and prores require a lot of hd space. Although they came out with a 5TB for $80, so its getting cheaper everyday.