This developer is a little flaky - released MovieConverter 1.41 but didn't get much interest. So, s/he changed the name and a couple days later released MovieConverter Studio 1.411, still to lukewarm response (which shocked me, because who wouldn't be thrilled about video software that can make ALL decisions for you?).
I'm a little leery of these new-name movie converters that suddenly appear, because somebody has been low-renting the same useless piece-of-crap converter to a whole bunch of different get-rich-quick goombahs, who then rename it, maybe splash on a different skin, then try to sell it to all the people in the world who suddenly discovered they can rip, convert, compress and burn their own version of "The Fountain" to play on their dad's widescreen and impress their girlfriends' pants off with their mad skills and decidedly cosmopolitan taste in film. I'm not saying that MovieConverter Studio-Mixer-Betamax 1.41112136 is one of those! How could I know, since it's completely hobbled and therefore incapable of expressing its capabilities? So, like many (I'm sure), I just trashed it rather than pay $20 for a license to something with NO street cred, because everything about it on the web -- very little, indeed -- was clearly written by the same French rockin', renamin' code warrior who wrote it, and the same person who hasn't yet heard about x264).
Of course, it's possible that I'm utterly wrong about this app, and to my chagrin it turns out that MovieTransmogrifier-Spa Edition v. Pi is actually the new pro bono, open source, developer-pays-YOU-ware, bane of the MPAA, mutant SorensonToastFairBrake-the-Ripper-MounterDVD2None-for-Dummies, well then my bad ;)