From Degang Mu:
Angel PSP Video Converter is the choice for PSP video and audio conversion program. It supports most of video formats including H264(MPEG-4 AVC), AVI, MP4, and audio file formats like MP3, AAC, or M4A. It can also extract music from video media and vice versa. Angel PSP Video Converter supports all of the popular multimedia devices including PSP, PS3, MP4 player and MP3 player. Select the multimedia files, the intended devices or formats, and hit Encode to convert multimedia files to the right format for your intended devices. For advanced users, you can just answer a few easy to follow questions to convert your media files to the exact specifications. Version 2.6 may include unspecified updates, enhancements, or bug fixes.
What's new in this version: Version 2.6 may include unspecified updates, enhancements, or bug fixes.
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Version: Angel PSP Video Converter 2.5
Powerful and easy-to-use video converter.
Nothing bad to say.
I tried a lot of converters, but this one is really the best. It supports many formats. The output quality is great.
Plus I found 10% discount here: