Im a video editor for several years already... and para nako....
nothing beats CANOPUS PROCODER. Im using version 2.0 pero 3.0 is already out.
maka notice ka sa iyang accuracy if you have delt with different video formats especially dealing with frame rates, PAL vs NTSC and HD.
In the Film industry imporatant kaayo na. and for Quality, ang codec nimo ang switohon...