Elgato on Friday introduced Elgato Video Capture, a new device that enables Mac users to transfer analog video to H.264 or MPEG-4 video files. It costs $100.

Software included with the device records video in H.264 or MPEG-4 format. The kit records NTSC, PAL, PAL/60 and SECAM input video standards and records at up to 640 x 480 resolution. You can select between 16:9 or 4:3 aspect ratios and trim the beginning and end of recordings.
Elgato Video Capture requires an Intel Core Duo processor, Mac OS X 10.5.6 or later, QuickTime 7.6 or later and iTunes 8.1 or later.
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