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Video Monkey is another good (free) solution that I recently came across. It's a beta program, but has been quite stable on my iMac running 10.6. It only has a handful of Apple devices as presets though. It's a single developer doing it in his free time, so it's slow to update but works great...

I just found a good solution to this. The shareware program Playback, which is an excellent Mac media server for (in my case) the PS3. If you select a directory for streaming that has some MKV files in it, it offers you the option to have them repackaged as MP4 files, without losing any of the...