More specific iPod question

Okay, so. I would like to make an iPod friendly video of an episode of "Futurama" currently stored on my computer.

QuickTime Pro takes 40 minutes to produce an iPod friendly video with no sound.
Windows Movie Maker takes 15 minutes to produce a poor-quality, non-iPod-compatible nightmare.
Videora takes 20 minutes to produce an iPod friendly video with no sound.

Before I download any more software, I want a guarantee that it will turn mpegs into iPod-compatible mp4s with sound.

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