MPEG4 (Xvid) added
I know you guys and gals can't read this yet, but I just finished the MPEG4 stuff. You have options for de-interlacing, cropping, resizing, and one/two passes. Something of note, there is no intermediary file required for this process, the video is converted on-the-fly to MPEG4. That adds MPEG4 to the list of video types we can save to. That rest of that list is MPEG2, .m2v/.m2a, and .ty. In DVD burning mode you can also save a .DMG of the video, or videos you select (without committing to a burn).

You might be curious about the iTunes integration. Right now you need the Quicktime MPEG2 component for this to work. When turned on in options, it sends your videos to a special "Tivo Recordings" playlist. From there, play the video right inside iTunes, make your own playlists, rate your videos, give them more metadata for searching, etc.

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