Jaksta Video Converter for Mac is an ultra fast, easy-to-use converter specifically designed to convert large video files to many popular devices like iPad, iPhone, and Apple TV. Its speed comes from its "smart converter" technology which analyzes a video and converts only what's necessary to get the video to play on your desired device. It handles most popular formats including AVI, Flash, Windows Media, and AVCHD, and will even convert BitTorrent files. It can convert several video files at once, and can often convert a two hour movie in just a few minutes.
PASAP runs in the background, checking whether a stream exists, and, if it does, plays it. It was originally written to play back audio provided by MPD in remotely networked locations, but it also allows consumer-grade HD decoders (WDTV) to automatically play back audio/video streams from an HTTP address.