If you have an Apple iPhone then now is the time to convert all the videos on your PC to that format. You can also rip DVDs to convert them and enjoy them anywhere you go with your iPhone.
It lets you convert the following formats: DVD, VOB, DIVX, XVID, MOV, RM, RMVB, MPEG, WMV, AVI, DVR-MS, etc. In the case of DVDs it lets you choose the language, subtitles, video size, rip the audio direct to MP3, etc.