VisualHub was discontinued in 2007 but I still use it for the majority of my video conversions despite the plethora of more modern apps. I even purchased a legal license back in the day. It appears to be fully functional except for the fact that it "forgets" your license information and refuses to be re-licensed even if you bring the license file from another machine. The free version that was released in 2008 requires you to be licensed as well and you run into the same problem. There are about a half-dozen other apps that do the same thing, but IMHO not quite as well. So I guess this is a heads-up to you hold-outs who still use VH, it and Lion do not play well together for some reason.