100% freeware for fast MPEG/VCD edit.
EditBy: MPEG file editing with Real-time.
.support MPEG1 PS/PES file.
.support .DAT or .MPG file of VCD
.can see the edited result right now(without rendering).
.Create a new 600MB mpeg file in 5min only.

Included MPEG/AC3/DTS/LPCM decoder(without third-party support).
.standard MPEG1,2 decode filter for DirectShow.
.standard AC3/DTS/LPCM decode filter for DirectShow.
.support Microsoft MediaPlayer and other software use DirectShow. you can free download EasyMPEG Lite 3.3.4 now.