multi threaded encoding program to encode my divx and xvid videos to mpeg4 AVC. ?

I just brought a new dual core laptop and am currently using red kawa ps3 video 9 to encode my divx and xvid videos to mpeg4 AVC.

I was looking for some encoding software which supports multithreading so I can get the most out of my processer.

Anyone have any suggestions, I thought virtual dub has this capability but not too sure.

 

You can try Avidemux, it has multithread support:

http://en.flossmanuals.net/Avidemux/CreateMpFourFiles

If you have Nero 7 or 8, Nero Recode can convert to mpeg-4 AVC, and has also multithread support.

 

Brilliant, thanks cyprus works great, manage to get full cpu usage rather than 50% with the red kawa program.