Permute 2 offers easy-to-use drag-and-drop video conversion.
Easy to use, drag-and-drop video converting
Dead sexy interface
Easy presets for things like xBox, Apple TV, iPhone, etc.
Custom presets or modify existing ones
64-bit all the way to the core
Can take advantage of all the cores on your computer (may not apply for all presets)
Convert .dvdmedia and VIDEO_TS folders to ISO files for better media-center support