Handbrake is a video transcoding application. Most people use it to shrink videos down to a size that their iPod/Phone can handle. For transcoding software, it’s very easy to use, with presets for a lot of common formats and handheld devices. Select the file and what you’re going to use it on and you’re ready to go. The software also has all of the nitty-gritty options that you could possibly need to fine tune the video output you get from it. Finally, it’s multi-threaded, meaning that it will use all of the available processors on your system which gives it a huge performance increase.