Well there are converters, which take considerable time to convert the videos.
If you have a lot of videos, then I would suggest investing in a half decent divx player, which will play divx videos, xvid, mp3 and all your ordinary dvds. Expect to pay between £30-60 in the UK. I can fit about 17 hours worth of video onto one disk.
I dont know any specific programs for converting but im sure there are some around, maybe even freeware.
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