this looks similar to transcode 360 for the xbox 360 check it out
http://wiihaveaproblem.com/show_article.php?id=69
download here
http://www.redkawa.com/videoconverters/wiivideo9/
http://wiihaveaproblem.com/show_article.php?id=69
download here
http://www.redkawa.com/videoconverters/wiivideo9/