lol, yes it's in real time. Because you're transferring the footage from a miniDV tape, where the footage doesn't exist as a data file of course, so it has to be played through.
Now, if it's one of those DVD camcorders, then (I think) you can just drag the files from the disc that you've ejected from your camera and stuck in your computer ... not sure if that is the case with DVD camcorders because I never bothered looking into them, more trouble than they're worth I reckon, nothing wrong with a miniDV in my eyes, hehe.
Indeed, uploading miniDV is real-time. However, a good bit of software will allow you to type in In and Out Points which will tell the computer to tell the camera where and to start playing (so the computer can upload the footage) and then tell it where on the tape to stop - so you could go off and do something else if you wanted. But that's on better editing softwares (which are harder to learn and for people who do a lot of editing).
One thing I like about uploading in real time is I can review the footage during the process, so I list all the shots and takes that I have and use a simple code to tell me which ones are good and which aren't and which can be used for different purposes.
Then of course there are newer camcorders coming out which have their own hard-drive, those ones are a case of dragging and dropping files, but of course with those if the drive buggers up it's all messed up. With miniDV if the tape gets messed up it's only that tape and you get a fresh tape, rather than a whole new hard-drive with all your footage lost.
*taps noggin* Not just a hat rack my friend. 
*additional*
Why thank you Neil. I've got this obsession of late with sunsets and the colours of the sky, it's easy to get a good shot (well, I suppose having "the eye" for it helps too) when nature's done most of the work for you.
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Look again at that dot. That's here. That's home. That's us. On it everyone you love, everyone you know, everyone you ever heard of, every human being who ever was, lived out their lives. The aggregate of our joy and suffering, thousands of confident religions, ideologies, and economic doctrines, every hunter and forager, every hero and coward, every creator and destroyer of civilization, every king and peasant, every young couple in love, every mother and father, hopeful child, inventor and explorer, every teacher of morals, every corrupt politician, every "superstar," every "supreme leader," every saint and sinner in the history of our species lived there--on a mote of dust suspended in a sunbeam. [click for more]
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Originally Posted by MinionZombie
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