MovieLink---
Its not bad, converts a lot of things to divx 4.12 (you must have the codec)
www.entware.com on the utilities tab, under free utilities.
Its problems, 10fps only, not to bad, makes small files.
Very easy to use, and to make quick files to play with.
Virtualdub is the long road, it is better quality, for more effort. Start with movielink to have a few things to try. You don't have to worry about settings then.
mth411
PS. I use virtualdub mod now, but I use movielink for little things when I dont have time to monkey around, it just works.