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In VLC look under the MEDIA menu for CONVERT / SAVE or use (CTRL-R) where you can select the video file source and select the codec for Destination. When doing this you are NOT recording while you view the video. This causes VLC to run the encoder creating a new video stream at the fastest speed the encoder can process the video stream. It is also lossy. Each time you do this there is quality loss as a result of re-encoding. Remember, you can't ever "add" quality no matter what format you choose, you can only minimize the quality loss depending on output format and bitrate.* see: [[Encoding Video With VLC]] for details on how to record using a different video format than the source.