Urgent!
We need a small application that will convert youtube video's into MPEG, WMV, mp3, mp4,mov and 3GP format.
You will be able to add the YouTube URL of the video into the application then choose the format from a drop down menu (MPEG, WMV, 3GP) then select the location where to save the final converted file.
Also the application will show progress bars for the downloading then the conversion process.