I have 40 minutes of high-resolution footage on a DigiBeta cassette.
I'm looking to edit this on my home PC (a very fast system), but am
unsure how to get the footage onto my hard drive, and in a form that
allows me to edit smoothly. I have been considering using the HDV
format as a "finishing" codec for the film, but don't know how to get
the digibeta into HDV. Is this possible, and what's the cheapest
possible way to do it? Is there a better way?

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Clarification of Question by mrkentsanderson-ga on 15 Nov 2005 11:43 PST

How do I get the best video quality from digibeta onto a PC?

You can use one of avermedia products 
for more information www.aver.com
you can see there a list of PCI devices which can be used for Video
Capture & Editing. These devices can capture video from TV, VCR,
digital/analog camcorder ... etc.

Since you are having a Digibeta tape, you need a Digibeta player to
play the tape.So better send it to a post-production company and ask
them to grab using uncompressed NLE system, and ask them to give the
footage as file sequence in a USb or Firewire drive. You can connect
this to your system and import to whatever the editing system you are
using