alsiladka
Noobie Pro
What this all means is that anyone who wishes to maintain a digital collection of videos, perhaps ripped from DVD, is going to face serious issues on a number of levels. From what I can tell, there are four viable video formats for the future: H.264, Windows Media Video/VC-1, DivX, and Xvid. Each has various strengths and limitations. But each, again, comes with serious compatibility issues today.
My choice: H.264
Its not my choice. It is Paul's choice. He has started this nice series of Multimedia related articles.
Read this whole article, clears out some confusions i had in my mind.
Source - Winsupersite