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Mark,
I don't know of any tool like the one you describe. In the office, we use WinDV (a small, free app) to capture but the video appears only in a small window. After it has been captured to the HD, we of course can use ZOOM PLAYER or any other media player to play the video full-screen.
There is a free program called Dscaler that takes input from your capture card and displays it full-screen, scaling it to whatever resolution your screen is set to, but it only works with capture cards based on the Hauppage chip (such as WinTV). There is no way to use it with firewire. Sorry I couldn't be more help.
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