To continue with our discussion of Flash video -- One of the first compression tools to address importing clips in Flash video format is TMPGEnc 4.0 XPress, which converts between most popular video formats, with assists like color correction and enhancement filters.
You may remember TMPGEnc from the original MPEG-1 encoder for VideoCD, which grew into the TMPGEncPlus video encoder tool and TMPGEnc DVD Author (also sold under the Tsunami brand). The TMPGEnc technology and products are now sold though the parent company, PEGASYS, as retail products and bundled by major manufacturers.
To convert files with MPGEnc XPress, use the Source tab to add clips to be processed. It imports video formats including AVI, DV, MPEG-1, MPEG-2, MPEG-4, Windows Media, Windows XP Media Center, QuickTime -- and now Flash Video. It also extracts content from DVDs.
As you import, use the Clip Editing tools to trim and apply enhancement filters including deinterlace, color correction, and noise reduction -- with a color histogram and vectorscope to help analyze the results. You also can create slideshows from photos or extracted video frames, complete with audio track.
Then use the Format tab to select the list of output formats to be created. The input clips can be processed individually, or can be combined together as a sequence into one file. MPGEnc XPress provides output templates for burning to disc and for exporting files in different formats. You also can create your own custom templates.
MPGEnc XPress exports video in MPEG-1, MPEG-2, AVI, Windows Media, and DivX, as well as supporting high-definition MPEG-2, and MPEG-4 / H.264 file for export to the iPod, PSP, and other portable devices (but not output to Flash video).
Then click to the Encode tab to preview the output and start encoding. You can also transfer your project to the MPGEnc XPress Batch encode tool to process a collection of encoding projects as you continue to work. You can reschedule and prioritize the jobs, and reedit the parameters in MPGEnc XPress.
See full article for more details: Flash Video: Downloading from YouTube and Converting Video Files