Searching for a cheap (free) and easy (but not necessarily fast) way to create high quality compressed video for your iDevice? Look no further than freeware, HandBrake!
While there are a plethora of competing solutions floating around the interwebs, HandBrake has been the most reliable and worthwhile software that I’ve come across (thanks WE). Oh, and it doesn’t hurt that its open source and available on all systems (Win, Mac, & Linux).
HandBrake offers users a wide variety of compression options, including built-in presets for iPod touch/iPhone format (among many others). Simply point to your source video file/folder, select your compression mode, and hit start…its that easy.