MainConcept has released a technology preview of its H.264 Codec. It is not yet speed optimized and only supports CBR. VBR and a speed optimized version for Intel / DSP are scheduled for march.

The Codec supports both Main and Baseline profiles . DirectShow decoder filters are also integrated enabling H.264 playback in the Media Player. The encoder currently uses MPEG-2 audio und muxing.

http://www.mainconcept.com