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An interesting development in that app.
I will test it for my purpose.
Namely: converting a 'Snagit' Screen Capture (avi type 1) to avi type 2 for Premiere/ AEFX
You could also try just opening it in VirtualDub, choosing "Direct Stream Copy" from the Video menu, and then "Save as AVI...". That should do it also.
The classic for this has been the Ulead free tool.
When I looked for the site for it today, I see a post (on another site) that it may not convert clips over 4 Gigs correctly (and without any error message). Anyone know whether this is true?