good question. I'd like to know the answer as well.
I have RiverPast's Crazi Video Pro. It's a fire and forget encoder/converter that can accept and output to any video codec you have instlled on your system.
Only downside is it's incredibly slow as it essentially streams the video in raw format before encoding it to the output format. So if you're encoding a 2 hour video, it will take 2 hours to encode. Try 10 of them and you have a twenty hour time line.
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