I suppose in a way I am saying that. However, that's not something I'd recommend.
NeroVision converts the avi files to DVD format with the menu etc. You select the output destination which can be the burner, image recorder or hard disk folder/files. This latter gives the Video_TS folder as you're used to. This or the image recorder is my preference as any conversion error could waste a DVD otherwise and you then burn separately.
I think that NeroVision will be slower than WinAVI but does a decent job.