...want to know if it supports upres to 720p or greater?
Also. will the software capture video from a Mini DV camera?
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You can "up rez" to what ever you want in Premiere.
Not generally considered a great idea though.
You are not adding resolution..just up scaling.
There is a plug in called Intstant HD that works with Premiere though.
It's time to retire the 100. Your best option if you want HD is to buy an HD camera. Panasonic makes quite a few good models.
So, is there a way to increase the video quality of DV or not? I have seen some converted video samples on YouTube and they look pretty sharp.
I am a college student with a limited budget, this camera is just being used to create newsreel demos and other "sample" projects - I know there is better out there. So, it isn't necessary for me to have the "best." This camera seems to do what I need very well, because it has XLR and Phantom Power and generally good quality video.
is there a way to increase the video quality of DV
As shooternz pointed out in post #2:
I own it, and have used it in a pinch with reasonable results.
But, as Jim pointed out in post #3,
You would likely be better served with a newer camera that records HD.