Hi
I first purchased EasyCap from China on E-bay, it was a bargain, very cheap.
It came bundled with VS 10 se.(There is no EasyCap capture software, you get VS 10se plus a USB driver.)
The device did not work, I did complain trying to get a replacement, but found It wasn’t worth the effort, as I said it was cheap.
Not much but now a little wiser……………..
Earlier this year I found this site
http://www.ezcap.tv/ and to my better judgment bought another device.
Having read the support page I soon found where I had gone wrong with my first purchase.
Anyhow this new device works. It is bundled with Arcsoft-Showbiz DVD2 program which can be used to capture video.
Using VS10
You indicated capturing to Mpeg, you will be best capturing to the DVD option.
This produces Mpeg2 using compliant properties.
Choose the Options Cogwheel to set/edit your capture properties.
The DV option I mentioned earlier may be the best option.