If only so many cool gadgets were around in the 70's and 80's.

There are plenty of tools out there for converting videos files to iPod and PSP compatible formats but my favourite is 3GP_Converter. It’s a free tool that lets you select your desired output format then simply drag and drop your source files to queue them up for conversion. It’ll accept any source that you have an installed codec for e.g. DivX, XviD etc.
Download and extract the Zip file then run the setup file. Note that the setup does not install the files, merely sets up the config so make sure you have extracted them to a suitable location.

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Source: Ant

In other news, it is possible for some to get a free MP3 Player in some simple steps.