You could talk to an aquaintence of yours who has a LD Player and see about sending the information through a DV Bridge If you can get your hands on one. That way you could get full DV quality and go straight to DVD.
A Good DV bridge is like 400 to 500 dollars, and I'd rather borrow or rent one than buy one really. As for the LaserDisc Player, don't you still use yours? Are you offering to lend it? :) :)