Air Video can Stream videos in almost any format to your iPhone and iPod touch. You don't need to copy your videos to the device just to watch them.
Live Conversion
If the videos in your collection are not in format supported by iPhone, Air Video will convert them on fly*. You don't need to wait until the entire video is converted. You can start watching it almost immediately!
Live Conversion requires iPhone or iPod touch with firmware 3.0 and a sufficiently powerful computer (Intel Core 2 duo or equivalent processor is recommended).
Automated server discovery on local network using Apple Bonjour
Possibility to add custom servers by specifying IP address and port directly
Can be used to stream videos over internet (see the appropriate section in FAQ)
Share disk folders and iTunes playlists
Optional password protection
Add videos to iTunes playlist from iPhone
Videos that can not by directly played by iPhone can be easily converted.
All major containers and codecs supported (mp4, m4v, mov, avi, wmv, asf, mpg, mpeg, mkv, 3gp, dmf, divx, flv). DRM protected videos as well as proprietary codecs are NOT supported.
Live conversion allows you to Play videos without having to convert them upfront.
Requires iPhone or iPod touch with firmware 3.0 or newer and sufficiently powerful computer.
Option to convert entire video before playing it (offline conversion)
Files converted offline can be put to conversion queue
Adjust quality, zoom and resolution for each video individually
Select audio stream (language)