It's the way I transfer. And unless you plan on running a line out of the HiMD into another recording device (CD recorder, etc.), it's the only way AFAIK.
FWIW, SS would be best quality transfer. Using a recorder would create another link in the lineage, & still require you to get the show onto your PC.
Some have had trouble with SS, but I've had no issues with newer versions. Upghrade to SS3 & you should be fine.