Scripting video conversion for the iPod 5G with VLC
Chalk this one up as YAVCT (yet another video conversion tool) for the iPod 5G: scripted VideoLan Client. Phil Windley wrote a script for batch converting Tivo files, but the script is general enough to work for any MPEG 2 type source files. After you run the script, out pop happy little iPod friendly MPEG4 video files.
VLC is a free and open source software project for playing, converting, and streaming video. The OS X versions (both graphical and terminal based) can be found here.