I had actually been thinking about trying exactly that -- I do have a
good quality hi-fi VCR here still, despite the fact that I haven't used
it in years -- so I set it up yesterday and gave it a go. I hooked my
laptop up to the VCR, played the track while recording, then swapped the
connectors around, rewound the tape, and recorded the audio from the VCR
back in to the laptop.
It's amazing just how clean the signal from the VCR is. In fact, it's so
clean that it sounds identical to the original audio to me. Comparing
the signals in Japa, I can see a sub-50Hz hump in the VCR's audio, and a
slight roll off above about 10KHz. There's clearly some stuff going on
in the time domain, too, but it's very subtle, and I definitely can't
hear it myself.
So, an interesting exercise, but perhaps a pointless one :) I can upload
the audio if anyone's curious and wants to do their own comparisons, though.