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You could use the program that I just mentioned which will convert almost any format to one that will work on your portable device (psp, phone, ipod etc). It's free too.
You might want to have a look at Xvid4PSP. I've used it a few times recently to create mp4 files (to play on the 360 and ps3).
In regards to playing files on the PS3, do you not just use tversity to transcode on the fly? I am assuming you stream your media from a NAS box, PC or similar?
Yes and no. Got everything on my NAS (with twonky server), but I've got other files (holiday stuff etc) which I want to put on a disc and take to the relations (to play on their 360/ps3 boxes). Streaming isn't an option then
Yeah I thought you would anyway , I am surprised how many people I speak to who have PS3s, who don't knew they can stream media from there computer to there telly though
In regards to playing files on the PS3, do you not just use tversity to transcode on the fly? I am assuming you stream your media from a NAS box, PC or similar?