http://macnn.com/news/20100

Software Architects has announced the release of GreatVideo! DVD Video File Converter 2.0 for Mac OS X. It provides everything you need to download, convert and use video files recorded from consumer DVD video recorders and camcorders" " It can input recorded DVD video, covert from the VR format to other QuickTime fomats, and output video/audio to create DVD video discs that are playable on consumer DVD video players. Advanced features include selecting the compression rate, number of key frames per second, bit rate, and color as allowed by specific video formats. It will be available later this month for $100.

"DVD video recorders record live video to the VR file format (a slightly different format than the DVD Movie format that is incompatible with the Apple UDF reader). The VR format is specified by the DVD Forum for video recording on consumer recordable DVD devices. GreatVideo! is the first software application in the world to mount, read and copy recordable VR formatted DVD discs on a Mac system, and convert the contents to QuickTime video formats for editing, authoring and mastering on a Mac system."

Version 2.0 supports Apple, Hitachi, NEC, Pioneer, Panasonic, Ricoh, Samsung, Sony, Teac, Toshiba and other recordable DVD drives, using DVD-R, DVD-RW, DVD+R, DVD+RW and DVD-RAM discs. Video is recorded in DVD Forum compliant mpeg-2 compressed ".vob" format. It runs on both Mac OS 9 and Mac OS X and requires QuickTime 5.0 or later.