>>>> I guess that depends on your opinion of "reasonable".
I have a number of 8mm home videos my father made but every place I looked at was prohibitively expensive (several hundred dollars per reel!!) <<<< Or on location, perhaps (I'm in the UK) A few years ago I had mine and my fathers 8mm films transcribed and I don't think it cost more than £50 for about a dozen reels. (I certainly wouldn't have paid £100 a reel) At that price the DIY solution seems the only reasonable one. But beware of framing problems. Andy