Number 2 is fine. You need the chroma filter on that specific show. When the video is in motion, you won't see those trails anywhere near as easily. It can be tuned down too, in the filter settings, to reduce the ghosting levels. Send your preset to me via e-mail (VCF file).
CP, don't be silly (senile granny). That masking falls into the overscan, cropping will horribly disfigure the image (this is an interlaced source!), and leaving it virgin will waste bitrate on garbage not even seen on screen.
Well, you could always send the files or tapes to someone with hardware . My next future purchase is going to be a TBC . , (Detailer soon), and whatever piece of hardware I need to restore in real time