Вышла новая версия, качать тут и тут (оптимизированная для Р4)

Build 16188 (Version 1.5.2): [April 30, 2003]
[features added]
* Converted help from WinHelp to HTML and updated dialog
help to current feature set.
* Added frame rate conversion to arbitrary frame rates.
* Added logging to report non-fatal warnings during
operations.
* MPEG parser detects and reports timestamp
discontinuities.
* Added limited error concealment capabilities to input
handlers.
* Optimized audio filters a bit and added tap count
control for lowpass, highpass, and resampling filters.
* Added "new rate" audio filter to relabel an audio
stream with a new sampling rate without resampling.
* Incomplete audio format headers that are rejected by
ACM MP3 codecs are automatically fixed with the
required fields (the infamous "tag 0055" problem).
* Added workaround for AVI1 files with MP3 audio being
detected as MP3 files by Windows Media Player 8.

[features removed]
* Removed coach dialogs. Not helpful enough and too
outdated to maintain.

[bug fixes]
* Fixed capture free space indicator being limited to 4GB
under Windows 98 (regression in 1.5 series).
* Fixed crash when job queue could not be flushed to
disk.
* VDFs that contained multiple filters were only showing
the last filter in the library (regression in 1.5
series).
* Fixed crash when attempting to direct copy a video
stream with an abnormally large BITMAPINFOHEADER (>16K).
Added code to detect and correct such mistakes.
* Fixed hang in audio filter graph editor when placing
output filter with autoconnect on and no place for it
to attach.
* Fixed livelock at end of operation when lowpass/
highpass audio filters were in use.
* Fixed internal error when attempting to start an
incomplete audio filter graph (unconnected pins).
* Fixed garbage wLanguage/wPriority values being written
to audio AVI track headers when converting an MPEG-1
file.
* Fixed crash when attempting to load an AVI stream with
an invalid sample rate (zero or infinite). Added code
to guess and substitute a reasonable value.
* Fixed small memory leak in "smoother" video filter.