For the video people. I've been using Video Monkey to shrink vids to fit on the iPhone. Yes, the PQ is lower quality but I can fit 2 hr movies in to a file size just under 200MB. That allows me to put a lot of movies onto 16GB of space. W/ the small iphone screen size, it's a compromise I can live with.
Unfortunately, it's Mac only. I'm sure there's other ones on the PC but this has a cool feature I like. A slider that you adjust, showing you output file size. Then you can encode as you like.
There is a Windows freeware out there called HandBrake that does a great job with video (I have a 16GB Touch 2G).
There is another thing called KeepVid that works as a Firefox add-on. Find video you like, say on YouTube. Copy the url & drop it into KeepVid and you end up with a converted video to add to iTunes to load onto yout iPhone/Touch. So far, I have 12 Celtic Woman vids from YouTube and they are wonderful.
