Create an EDL of the sequence.
Batch capture your 2 hour tape.
Highlight master clip.
Import ALE with option to merge based on knows source tape.
This will create subclips based on the original events.
Now the EDL needs to be converted into an ALE beforehand. There is a CMX EDL import option as one of its sources. The record side becomes the START and the source timecode becomes SOUND TC (but you can copy past that into an AUXTC column as needed).
In theory this should work. The CMX to ALE was implemented in 1992 as a means to create log files from transfers done with an audio layback as a separate process. I suspect this still works.
Michael
anything 24fps