I’m having the same problem. I checked the about this about/mac/firewire and the camera “sees” it.
If I convert the output signal from HDV to DV, I can capture the video as either squeezed or edge crop with the change the capture/input set to DV NTSC 48 kHz
When I am not converting the signal from HDV to DV, it does not matter what I change the capture/input to be, the camera is not recognized by the software, even though the camera is still is shown as being recognized in about/mac/firewire.
Could it be that the issue is not hardware related but software related?