Do not use the CD on Linux (Ubuntu).
There is a set of drivers that work very well though. You will need to download and install them initially and whenever you upgrade to a newer kernel version.
http://sourceforge.net/projects/easycapdc60/I could not get ULead to install under Linux, so you will probably need to find something else to do what you want to do with the video (play live, capture to video, compress better, edit, etc.).
You may need to utter this magic incantation from the command prompt (Applications -> Accessories -> Terminal) after each time you plug in your EasyCap, before you run your application program that wants to access it:
sudo bash -c "ln -s easycap0 /dev/video0 ; chmod a+rw /dev/easycap0"
It will ask you for your administrator password.