MacVide has launched iPod Converter 1.8, and update to its audio/video mp4 converter that fixes bugs and adds a bitrate calculator. The user can also set up an approximate output file size in version 1.8. The converter supports numerous video formats, including AVI, WMV, MOV, MPG, ASF, DivX and more, and outputs mp4 files playable on iPods, the iPhone, Apple TV and others. It can crop out black bars, can set video resolutions and frame rates and bitrates for both audio and video.

The updated version is available now for download for $30. It requires Mac OS X 10.4 or higher.