Help me with encoding!

[Waylay00]

I just received my new Panasonic PV-GS320. I shot some footage last night, and I've captured it onto my hard drive as a raw AVI file.

Now, I would like to be able to take this footage and do the following:

Add a title
Trim the length
Export as H.264 with AAC or MP3 audio

What tools do I need to do this? I've tried Avid Free DV, but all the audio codecs are either obscure or antiquated (no MP3 or AAC, etc). And of course, Windows Movie Maker will only let me output files as WMV or AVI.

I'm running Windows XP.

Any help on my situation?

Thanks,
Wade

 

[ChAoTiCpInOy]

I heard exporting it as H.264 makes it a better quality because of how YouTube will convert it into H.264. Quicktime Pro.

 

[Title]

My videos alway look better when I convert them using Dr. Divx instead of uploading them as H.264.

So, if I wanted to only use free software, I would output to the highest quality AVI with Windows Movie Maker, and then convert it to <100mb with Dr. Divx.