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Yes, I’ve used Xvid4PSP several times when converting where Vegas justthrowsan error.
Xvid4PSP works very well with high quality encodes but sometimes, especially on my longer clips of ten minutes, it may throw an error itself…so I keep my clips short. I’ve only used it for m2t=>x264/mp4 but others have reported great success with this ap. Most of the high quality HDx264/mp4 clips onthe site in mysignature were made with Xvid4PSP.
Don’t let the name fool you. As of this writing, Xvid4PSP is one of the very best converters out there…and it’s free.