Format Factory is a free, fully-featured, converter that enables you to convert audio, video, and even images, between the most popular formats.
Format Factory's supported formats include WMV, AVI, MPG, MP3, WMA, AAC, JPG, PNG, GIF, and many more. Better still, Format Factory supports media formats used by most major portable devices, including PSP and iPhone.
The app is very easy to use, although it does have a slightly unintuitive interface. Format Factory's file browser doesn't appear until you select the target format, which is a bit weird, but as long as you know this it's no problem. You can select individual files to convert, or complete folders, and also tweak some basic conversion settings.
