I have been using Export2QT for doing VRO to DVD (MP2) conversion, but have been unhappy with the results for VCRO files, although in general I like the tool. Doing an extensive search for another OS X option and I stumbled across MPEG Streamclip. I have been very happy with the results of this tool. It is not quite perfect, although this may be an artifact of the VRO file format which is used by some DVD camcorders and seem largely unsupported by most folks, but it does a VERY good job and handles things like sudden contrast changes (like flash bulbs in the video) very well. I will be using Streamclip to convert all my VRO files from my Hitatchi DVD camcorder to a format for burning to DVD. It also does a great job of converting video for the video ipod.

I like this tool a great deal, but have not had a lot of luck with the quality of VRO conversions. I recently discovered MPEG Streamclip for OS X, which is a freeware application, that handles this particular conversion very well and would strongly suggest that people who need VRO support take a look at it as an other alternative that might meet their needs.