That was very insightful! As a Christmas present last year we paid someone to digitize all of my parents old tapes. It was awesome, but left off at the step of editing and I was disillusioned by the thought of trying to manually edit all of the clips. I might go back and try doing that now!
Once I realized I could script the editing, that became the least stressful part to me. Fixing mistakes was just a matter of tweaking some code and re-running the scripts. Capturing, to me, was harder because I constantly worried about missteps that would cause quality losses I'd only discover later.