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From FameRing:
Smart Cutter for DV and DVB Portable is a Frame Accurate H.264 AVCHD MPEG2 video editor. You can split and join movies in ps or ts formats captured by DV Camcorder and DVB HD PVR easily with this tool. Cut commercials out of video stream. Especially, only small parts on start and end points will be re-encoded, the middle part will remain untouched, lossless. This gives highest speed while reserving highest video quality. So it is called 'Smart Rendering'. Supporting M2TS, TS, PS, TP, TRP, MTS, MPG, VOB; H.264 or AVC, AVCHD, MPEG2, DVD.
What's new in this version: Version 1.7.3 includes fixes for dxva video players.
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