Quick Media Converter is a free, very powerful and complete video and audio conversion software. Converts to and from most formats including but not restricted to :
Video:
flv,avi,divx,xvid,mpeg4,ipod,iphone,psp,3GP,3G2,AVI,DIVX,XVID,TS,DVD,
VCD,MPEG,Mpeg2,Mpeg4, mp4,vob ,mov,h264,h263, wmv.
Thumbnail capture as converting video according to the time you set (5s-59sec)
conversion for video games consoles
Xbox XBox 360,Wii, PSP , PS3

Audio :
MP3,WAV,amr,m4a, ,wma
QMC also allows you to record videos in or take pictures from your Web cam or DV Cam flux ,in avi divx format and then convert it to any format you want.
Batch Conversions are supported
Contains its own codecs no need for Addons
Has its own multi format media player (ffplay)
Based on FFmpeg open source code by Fabrice Bellard uses its own codec library, there is no need to install extra codec packs
Includes screen activity and audio recorder (Camstudio) for demos and tutorials in avi.

Also Included are two users modes:

Mode 1- Easy Mode Very intuitive : For all users includes: standard conversions settings to allow users to convert quickly without having any particular skills. Convert In 3-5 clicks.
Now also includes custom resizing possibility where appropriate and thumbnails capture.

Mode2 - Expert mode: For skilled and more experienced users, allows more flexibility and more specialized conversions settings such as cropping bitrates frequency rates, sizes ,aspect, includes much more codecs and requires good knowledge of video and audio conversion...

Application also has :

Direct access to the help forum through the application.
Converts to and from mobile phones ( Some us phones are not supported QCELP and KIdd proprietaru codecs Issues).
Converts all FLV files ( Youtube, Dailymotion, Break etc ...).
Captures and records Web cam and DV Cam flux (video and sound)
No trial period
No engraved logo
No spyware
No malware
100 % Free software