Hi all...
I need my downloaded Youtube files not to be in FLV so I can edit them....
I used to download and directly convert them into .MP4 or .MPG files
Chosing same quality does not deliver the same quality, but a lot worse
I tried already some options but all were definatley losing quality....

Does anyone know what conversionformat and version I can chose best?

For example this clip:
http://www.youtube.com/watch?v=EpnERlsfBFc