VCDCutter
is an MPEG, VCD, and movie player, which allows you to extract audio and video streams separately.
A very friendly package, with lots of sensible keyboard shortcuts. I've not found anything else like it. It's great for whizzing through security footage etc. at high speed. I've had problems extracting clips from AVI files, and sometimes I get a GPF trying to save a frame as a BMP, but that might just be on my computer. Have sent e-mail to author but haven't had a reply yet, even though I registered... If these problems are sorted, I'll give VCDCutter 5/5.
