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I don't think you can *capture* as 854x480, because DV is 720x480. You would capture as 720x480 anamorphic 16:9. But if you need to make a version viewable on computers (like the web) you could export the finished video stretched to 854x480 (or anything in that proportion) and compress with the codec of your choice. But if you want people to watch it on TV then you need to leave it alone as 720x480 DV, and be sure it's flagged as anamorphic.
Since you're on the PC, I don't know what the specific settings are to accomplish this unfortunately.
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