Free to try (50-percent conversion trial); $22.50 to buy (Buy it now)
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From Aone Software:
Ultra MPEG Converter is a tool to help you convert MPEG files to AVI, DivX, Xvid, MPEG1, MPEG2, VCD, SVCD, DVD, WMV, ASF, MP4 formats.Integrated High-speed MPEG encoder which let you make DVD-Video files (VIDEO_TS, AUDIO_TS) and VCD/SVCD image (*.bin,*.cue), so you can burn VCD/SVCD/DVD disc easily by using third-party buring tools. The main features include: adjust output video quality, adjust 4:3 or 16:9 video aspect, all encoders/codec are built-in and any supported conversion can be done once you downloading the software.