On August 12th, a new version of virtualdub (http://www.virtualdub.org) was
released.
VirtualDub is a video capture/processing utility for Windows platforms
(95/98/ME/NT4/2000/XP/x64), licensed under the GNU General Public License
(GPL). It lacks the editing power of a general-purpose editor such as Adobe
Premiere, but is streamlined for fast linear operations over video. It has
batch-processing capabilities for processing large numbers of files and can
be extended with third-party video filters. VirtualDub is mainly geared
toward processing AVI files, although it can read (not write) MPEG-1 and also
handle sets of BMP images.
Here are the download links for both x86 and x64 versions.
http://virtualdub.sourceforge.net/
Carlos