I'm not really sure why it's not working for you, as I'm not too familiar with the slot-2 M3 products. However, you could probably install Moonshell as long as you can boot DS code. Just download the latest 1.71 release, run the setup.exe file, and let it load the right files onto your card (make sure you uncheck all the devices on the right hand side that you don't have). Load up the M3 Pro in DS mode to make sure you can launch Moonshell.
Once you get Moonshell loaded, you can use the included DPG Tools program (called dpgenc.exe) to convert your video files.
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