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YMPEG designed to give you access to every imaginable settings of MPEG encoding. At the same time, it offers you the most simplest way to encode or convert your favorite videos.
YMPEG contains many sophisticated algorithms to produce high quality output at high speed. Hence, YMPEG requires newer CPUs with SSE support (Intel P-III and above, AMD Athlon and Above).

What's new:

- MUST Update. Fixes minor problems and better optimized.

YMPEG Supports:

MPEG-1, MPEG-2, VCD, SVCD (ISO/IEC 13818, 11172), DVD, KVCD (non-standard), CVD
Audio Layer 1, 2
PAL/NTSC
Variable and Constant Bit Rates
and lot more.....See configuration dialog in tutorial for more features

YMPEG Advantages:

Direct encoding from your favorite applications without any intermediate file or frame servers. This is most simplest way to create MPEG files.
YMPEG is only MPEG codec which integrates with OS (as far as I know).
Real-time Encoding
Highest Applications Compatibility
Very good Quality
Fast
Rich set of options.
Very handy in converting to MPEG from other formats
SDK to integrate with your own software