Convert Audio/Video files to any format using VLC

I love alot VLC Player, it plays all types of audios and videos and today they released the new version VLC 0.9.2 which got a major user interface enhancment. Now it is easy to convert your audio and video to any format or to device like PSP or iPod to do that:

1. Click on Ctrl + R
2. Choose your file that you wanna convert
3. Click on Convert/Save
4. From Profile, you can choose either a predefined profile or custom and choose your settings
5. then Click Save