Hi.. one of the best (and unfortunately and not surprisingly one of the most expensive) is Ulead video studio..
http://www.ulead.com/vs/features.htm

Much cheaper (and slower too) is
http://www.doeasier.org/avi-converter/

This one has a free and a pay version.. have a look and see if the freebee does what you want..

http://www.jhepple.com/AVI2MPEG.htm