MPEG Streamclip is a converter for QuickTime files, MPEG-1/2/4 files andtransport streams (.ts and .m2t). It provides high-quality conversion ofmovies and MPEGs into several useful formats. It is compatible with mostediting applications and DVD authoring tools. You can use MPEG Streamclip to: open most movie formats including MPEGfiles or transport streams; play them at full screen; edit them withCut, Copy, Paste, and Trim; set In/Out points and convert them intomuxed or demuxed files, or export them to QuickTime, AVI, DV and MPEG-4files with more than professional quality, so you can easily import themin Final Cut Pro, DVD Studio Pro, Toast 6 or 7, and use them with manyother applications or devices. For MPEG-2 playback and conversion, you need the QuickTime MPEG-2 Playback Component.