PSP homebrew developer lefbe has just announced the release of a media application we imagine videophiles in the community will take a shine to.

This new app is dubbed Unlimited Video For PsP v1.3, and is a Windows-based video encoder capable of encoding the following video resolutions: 368x208 (Fm 2.0+), 480x272 fw (3.03 OE-B and above), and 720x480 (Firmware 3.30 and above). As for the application's changelog:

• Add : More information on the form.
• Add : Image 3.30 support for ImageToPsP
• Fix : Problem with "Configuration.xml".
• Fix : Encoding time for 3.30 firmware is more quicker. for Simnle Core, and Dual Core
• Addition of partners:
• PsPGen
• Ultimate
• GX-MOD
• Dapics
• Dark~AleX
  

The author further indicates that Video Unlimited will offer users several choices of bit rates, and will work on wmv, avi, mpg, MPEG, mp4, vob, 3gp, 3g2, mkv, and mov video files formats. 

Download: Video Unlimited For PsP v1.3