Far better to digitize it for a more modern viewing and editing ... for 8mm film which takes the best approach, snapping each frame individually to be joined together in a video file as a whole.
8mm 2 is a 2005 direct-to-video thriller film directed by J. S. Cardone and starring Johnathon Schaech and Lori Heuring. When the film was in production, it was titled The Velvet Side of Hell.