Full Screen MPEG TV Server

[progrocktv]

Hi Gang,
Well my boss has given me a project. I need to set up a video server to play TV shows out to our main 28" TV M-F 8am to 5pm. Here are my questions:
-What format should the files be in (MPEG 1/2/4 etc.)?
-What is the best way to encode it, resolution etc.?
-Which CODECS should I use?
-What format/method would take up the LEAST amount of space on a hard drive at the BEST quality?
-What capture card should I use?
-Is there a way to capture in the format I'm going to be playing back in? (in other words, can we capture it without having to render or convert the file?)
-If not what is the quickest way to convert the file?

Also we're using standard VHS tapes as the source recorded in SP mode.

Also we're on a somewhat limited budget and are looking at a Pentium III computer, a fast Track controller which can connect 4x250 GB drives (basically a terrabyte).

I have to have a proposal put together by the end of this month (Feb) so any help would be appreciated.

Thanks!
Phil

[setarip]

What am I not understanding?

It would seem that your proposal should be as follows:

Hook up VCR to television - play tapes...

[progrocktv]

Unfortunatly not that simple. He wants a "self playing" system where we don't have to change tapes. Also it will be used for Executive presentations and have been told "executives don't change tapes" whatever that means.

Cheers!
Phil