Turns out the hardest part for finding an alternative was finding suitable software - especially if you are working with windows.

That being said: it's done, I have my digitized files, and I have no desire to ever do it again. It was clunky, prone to frustration, and the device inexplicably died after I finished most of the project - maybe 50 hours of use.

I bought a USB capture device from Amazon that took the yellow-red-white analog signal in, and converted it to digital over USB back to the computer, where the included software saved it to file. I am in the middle of troubleshooting some choppy upscaling issues I am having that I didn't have with the intensity, but if I can upscale and preserve the sharpness I am getting with this device, it will have a major impact on my video work

Perhaps I am using bad settings on the Intensity, but I plan to use the Vidbox as my main capture card going forward. It is much crisper and more defined than I have been able to get using my Blackmagic Intensity. The interesting bit came when I was reviewing the capture quality. I used my intensity to output the camera footage I had, and the Vidbox to capture. After installing the drivers, QT recognized it and I was easily able to capture video from my Edirol in Quicktime. I figured it would be kind of crappy but it was worth the easier workflow, so I gave it a try. My dad got this Vidbox capture card a while back to digitize some of his old VHS tapes (we work in film) and I noticed it lying around our office and took it home as I had to do some visuals for a prerecorded stream, and wanted to output and capture video simultaneously. Just thought I'd report back because I had an interesting experience with a (relatively) cheap capture card.

Vidbox video conversion suite 3