Pocket-DVD Studio for Palm

Works great! Sound and video tracks are excellently rendered.

Lathe sucks - Only 8 bucks but ya get what ya pay for. Well, maybe not, as it does a very poor job.
 
I agree, it works great. You have to play around with the settings a bit to get the right quality -vs- file size, but doesn't take too long to figure it out.
Well worth the money.
 
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