MPEG Streamclip can handle files and streams larger than 4 GB, split in any number of segments, or with multiple audio tracks, and can also optionally handle timecode breaks.
A special demuxing option is available for Final Cut Pro 4/5: this application does not work well with M2V files, but MPEG Streamclip can write a special "unscaled" M2V file that preserves full video quality when imported into Final Cut Pro. MPEG Streamclip (with or without the MPEG-2 Playback Component) can also convert MPEG-2 transport streams into muxed MPEG-2 files, for immediate burning at full quality with Toast 6 or 7 and Sizzle it can also demux MPEG-1 and MPEG-2 files and transport streams with MPEG, AC3, PCM audio to M2V and AIFF (or M1A or AC3) files, for immediate burning at full quality with DVD Studio Pro or Toast 6 and 7.
Edited MPEG-1 or MPEG-2 files are saved as MPEG or TS files. MPEG Streamclip can save edited movies as MOV files, and (when possible) as AVI or MP4 files. Audio can be converted to uncompressed or to IMA, AAC, MP2 or AMR using the high-quality MP1/MP2/AC3/PCM built-in decoders of MPEG Streamclip it is also kept in perfect sync with video using a timekeeping system. Other optional video processing features include a powerful motion-adaptive deinterlacer, a field dominance converter, a chroma reinterlacer and an option to perform interlaced scaling instead of progressive scaling. Video conversion is performed in the YUV color space you can choose to scale video to any frame size using a professional 2D-FIR scaler (better than bicubic) but you can also leave it unscaled. MPEG Streamclip can export all these formats to QuickTime, DV/DV50, AVI/DivX and MPEG-4 with high quality encoding and even uncompressed or HD video. MPEG Streamclip lets you play and edit QuickTime, DV, AVI, MPEG-4, MPEG-1 MPEG-2 or VOB files or transport streams with MPEG, PCM, or AC3 audio (MPEG-2 playback component required) DivX (with DivX 5.1.1) and WMV (with Flip4Mac WMV Player).
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