Well, to answer your excellent question, The Magic Thing is a project that I gave up on a while ago. I've decided to open-source it now because I'd love to see someone take it and make it amazing. The concept of TMT was an app that simplified the encoding of videos for the web, for use with the HTML5 video tag. It takes a video file as input, then converts the video file to two output files: one using h.264, and another using Ogg Theora. That way, you can embed the video online using HTML5 and get the best browser support.
None. I'm not planning on doing any more work on it. It'd probably be best if someone added WebM support to it. Or you know, made it reliable. The scripting/parsing of the FFMpeg progress is buggy at best, so improvement there is needed. Batch support would be cool too. Refactoring would be amazing, considering how messy the code is.
Yeah. That's about it. Contact me if you have any questions. Oh, I suppose I should include a license.
Copyright 2010 Carter Allen
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:
The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.