Another cool and flexible way, is to capture from the DVD directly.
I use the following setup:
– DVD player out to DSR-45 (or other deck).
– Setup FCP to capture with non-controllable device.
– Play the DVD and capture in FCP.
This way, you bybass the DVD’s copyright protection. You’ll have the timecode you need.
Not to mention, you can capture in the format you want.
I do it all the time to build myself an ‘inspiration gallery’ from DVD menus.
Good luck, and let us know what worked for you.