Busy now, but quick reply...
Mac is terrible at video capture, but if that's what you must use, then DV is your only real option. Mac was a DV-only workflow in SD era (and does nothing in HD era). Windows was always the OS for video work. Realize I'm platform agnostic: Mac for photo, Windows for video, Linux for internet/web. I dislike DV, it has drawbacks -- cooks color, over-compresses chroma. But again, DV is the only real choice with Mac capture. Software choices are also pretty miserable, nothing like
VirtualDub is available.
I'm not sure that's a good card for Mac or DV. When working in DV, a specialized DV box is best. I think your current card is software DV, and a hardware DV encoder is vastly superior from a dropped frames and stability stance.
Don't use H.264. It's a delivery/output format/codec. Capture to DV, lossless, or even MPEG. DV and MPEG semi-archival, not huge files. Lossless as intermediaries for editing or restoration, usually not ideal as archive due to huge sizes. Of course, only 45 tapes, just a 2tb drive probably all that's needed.
H.264 handles interlace poorly. Most devices expect progressive, most non-pro/appliance encoders encoder it poorly. H.264 only decent when making viewing copy of archival master, and after proper deinterlace (usually QTGMC, sometimes a Yadif).
DVD is set spec of MPEG-2 only, very specific.
Same for Blu-ray, etc.
Do yourself a favor: keep the DV. You'll kick yourself in a decade or two (or your kids/grandkids/family will). Even H.264 is showing it's age, and I'm seeing the beginnings of it being shelved for H.265/x265.
NTSC videotape is exactly 29.97, the end.
PAL is 25.
Nothing is 24fps. NTSCfilm is 23.976.
Hopefully I didn't miss anything.