Favored Freeware: iSquint

iSquint is an iPod video conversion app for Mac OS X. It’s many times faster than QuickTime Pro, works with almost all popular video formats, and it’s infinitely free-er. It’s also really easy. Just drag in your file, and click Start. You can also choose “TV” or “iPod” size, set your quality, or even go all-out by playing in the Advanced drawer. On a 1GHz G4, iSquint can convert most video files to iPod-screen-sized videos in realtime.

Pros: iSquint is very fast, it supports a variety of media formats, and allows you to choose your preferred balance between video quality and file size via a simple controller.

Cons: None significant.