LBQ PSP Converter is a powerful, splendid and very simple to use application for PSP to AVI (Dixv, Vxid, WMV, 3GP, MP4, MOV etc) converting.With LBQ PSP Converter and a few clicks you can then play the PSP video in all common media players, such as Windows Media Player.

And also can convert other video formats to PSP file.
LBQ PSP Converter supports most popular video formats such as DivX, XviD, WMV, 3GP, AVI, MP4, M4V, ASF, RM, RMVB, MOV, VOB and MPEG to PSP video format.The PSP converter can also convert PSP file that only have audio from all popular audio formats, including MP2, MP3, M4A, AC3, AAC, RA, WMA, OGG, APE, CUE etc.The LBQ PSP Converter does not need external Video codec download.

It uses its own Video codecs.
LBQ PSP Converter supports batch converting, very simple settings, And the simple and friendly ("Step by Step" Wizard) interface makes it easy to use.