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Software: MPEG StreamClip
User review: Seems to be an issue using the MPEG2 component from Apple. I find it working with other apps but MPEG Streamclip seems to have trouble playing the MPEG2 file (although it does seems to convert the file to H264/AAC in a .mp4 container just fine. I'll chalk it up to this being a beta version. Earlier versions have been an essential part of my "conversion toolbox" and I see no reason why I'd want to exclude it. I'm confident the beta glitches will be ironed out.

Just install the codec manually in System/Library/Quicktime and forget the installer app provided by Squared5. (Hint: Right-click on the MPEG2 Codec installer from Apple, "Show Package Contents", find the "Archive.pax.gz" file, decompress it and you'll find the codec contained therein.)

As for the luddites who decry the use of QuickTime, my response is: Get over it; H264/AAC is mainstream (ever heard of Bluray?), is part of QuickTime, and the new H265 codec which will be coming down the pike for use next year will also be included in the QuickTime standard (which is not just Apple).

Frankly, not including VLC (which has all codecs self-contained), the best way I can get reliable, lip-sync'd playback of videos on XP and Win7 PCs is to use QuickTime and H264-based media.
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