But why do you want to do this?? It will yakes you ALOT of time and efford... cant you just watch it?
Here you are link to the site, when you can read, how you can watch such videos. http://www.free-codecs.com/download/Real_Alternative.htm
Yeah, I also found that one by googeling a bit. I tried it, but didn't get it 100% right. I'm gonna try again, but it take one hell of a time (1x speed)...
But even bette would be a program where I'd be able to edit the video first, and after I've taken out the important, then convert it... I'll keep looking.