DVDFab would be near perfect if, MPEG2 encoding to a MPG file would be possible. This would allow Media Centre owners to correctly produce MS-DVR or WTV files.
The audio part has to be in Layer 2 MPEG-1 Audio. AC3, DTS audio is not the default recorded TV file format and will not correctly work within Media Centre as I have discovered. For example you cannot use burn as DVD, or convert onto a portable Zune.
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