I have a DVD recorder (like a regular DVD player, but it records, LOL) So I hooked up my VCR to it and converted a bunch of stuff to DVD.
If you have a lot you want to convert, I think this is the way to go. It can get expensive paying someone to convert, so this type of unit would quickly pay for itself. I've converted a bunch of VHS, home video (I can hook the video camera up directly to the recorder)
I haven't priced them lately, mine was on sale for $200 when I got it last year, but I remember seeing some for a little over $100 around Black Friday and Christmas last year. If you watch for sales, you can buy blank DVDs for as little as 20 cents per disc. I usually buy packs of 100 for around $20.