This works well if you select H.264 format, albeit excruciatingly slowly, but I find that it does a terrible job if I use MPEG4 format, even at the high quality option. I get a bad pulsing effect in the resulting videos. Anyone else seeing this? I wish the MPEG4 format worked well (and it can, as shown by iSquint - unfortunately I find that iSquint gives horrendous audio quality, so it's useless.) At least I can use H.264 format with this and get good video and audio quality, but it does take an insanely long period of time to convert even a 30 minute video using H.264.