Ask Slashdot: Best Service To Digitize VHS Home Movies?

An anonymous reader writes Could someone recommend a service to convert old VHS home movies to a lossless archival format such as FFV1? The file format needs to be lossless so I can edit and convert the files with less generation loss, it needs 4:1:1 or better chroma subsampling in order to get the full color resolution from the source tapes, and preferably it should have more than 8 bits per channel of color in order to avoid banding while correcting things like color, brightness, and contrast.

So far, the best VHS archival services I've found use either the DV codec or QuickTime Pro-Res, both of which are lossy.