In 1986 I bought new an RCA VLP-950HF which was their "convertible" unit, for use with a separate video camera(mine was the Small Wonder CKC-020, still works as new in 1984 but a light hog with its first-generation solid state chip.). This hi-fi VCR DID have manual audio levels, and in 1990 I tried using it for FM timer recordings and to archive my 78rpm records to VHS tape. I was using TDK high-grade tape at the 4 hour speed feeding a Newcomb phonograph thru my receiver-no EQ at all. But the results were really quite good, and I could gets a lot more 78 sides onto the VHS tape than with cassettes.
I felt the frequency response was flat & more than what I needed for this project, better than I could do with chrome type II cassettes at the time. I didn't have any access to a good reel-to-reel then, or the results might have been comparable. I DID have a Sony TC-600 c.1964 vintage, but it had a tube preamp that occasionally would crackle in the right channel and it wasn't really up to the job. I never did finish the 78s project then, but the tape sounded good. Later, I reused the tape for an old movie recorded from Turner Classic Movies.
To-day I use an entirely different set-up for transfers of 78 records: Numark TT-100 direct drive turntable, Stanton 500 cartridge with 2.7mil stylus, Optimus 10-band EQ, all going into a Sony RCR-W500 CD recorder. Much better transfer quality, as the old Newcomb(still got it, bought it new in 1980) has a ceramic cartridge vs. the magnetic Stanton and the proper EQing of the old 78s makes for a much more pleasant listening experience.