InterVideo iVideoToGo Platinum

This is a pay software for converting vid files to PSP and Ipod, luckily they have a 14 day trial so choose that first.

Heres the info about it:

InterVideo iVideoToGo Platinum is the easiest way to copy movies for your iPod and PSP. In just three steps, you can convert DVDs or video files for smooth, flawless playback. iVideoToGo Platinum is fast and simple software with cutting-edge video compression to take your movies on the road today.

Copy to Go
Automatically send videos directly to your iPod /PSP (PlayStation Portable) without going through iTunes.

Video Library
Efficiently manage your video collection and sync it with your iPod/PSP using the new Copy to Go video library.

CopyLater Intelligent Monitoring
Automatically check for new downloads and recorded videos, and batch convert them to your iPod while you're away.

iPod MPEG-4 files for TV Output
Encode your iPod videos at a higher resolution (512x384) to view them at a better quality on your TV.

High Speed Conversion
Easily one of the fastest conversion tools on the market.

Popular Format Support
No other program supports more formats: DVD-Video, AVI, H.264, MPEG, WMV, MOV, MP4, DivX, ASF, DVR-MS, 3GP, and the list goes on...

Future-Ready H.264
H.264 is a high-compression format that allows you to pack even more videos and music on your iPod and PSP!

More info --> http://www.intervideo.com/iVideoToGo/

Let us know if its any good

How does PSP support H.264 in the first place?
....Since it's something of a "futuristic" format, then I'm guessing maybe higher Sony updates than 2.81 may support it....Woops! there goes your homebrew support! Besides, how do we know it's a higher compression than PMP?
Guess we'll have to wait and see...after all, it is something of the future...We're just not ready for it yet.

blah.....................

h.264 is the same thing as AVC.