Sony HDR-HC1: A Quantum Leap For Video Buffs

TMPEGEnc Xpress

The best encoding tool on the market is TMPEGEnc Xpress 3.0 from Pegasys. It supports all widely installed codecs, and also makes good use of dual-core processors.

The tool also runs on slower systems with a single processor.

Parameter controls for the video codec: Resolution, bitrate, and so forth.
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