That converter box is likely the best option for viewing tapes.
That's one of the reasons I was sad to move the Denon 2310ci to the living room. It did a great job upscaling all formats including VHS, and over S-VHS the picture was not half bad. I still have a bunch of anime VHS tapes that I plan to watch one more time, which is one reason that I went with the X4800H for the HT. The larger 4K display is not helping matters though when it comes to 480p content.
My wife has some family VHS tapes that she wants archived, so I also picked up a capture device. Plenty of tutorials on YouTube for capturing VHS to digital. I have even used the AVR to convert and upscale to HDMI at 1080p and capture that using OBS Studio. If the op wants to convert tapes to digital as well as view them, another option is a VHS to USB capture device connected to a laptop and then feed the laptop to the AVR. That would save from having to purchase 2 devices but is more work to set up and use.