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Pinnacle’s new Video Transfer box is a portable analog video (S-video/Y-c and composite) and stereo audio (RCA) h.264 encoder. The Video Transfer box has no built in storage – you supply it. Touting iPod video compatibility and USB Mass storage support, you can in theory hook up any USB 2.0 device to record video to.

With selectable quality (Good, Better, Best – sound familiar?), the Video Transfer supports iPod Video, Nano (third gen) and iPod Classic, as well as the PSP and PSP Slim, USB 2.0 flash drives and USB 2.0 hard drives. I’m guessing no Touch/iPhone support due to the lack of USB Disk Mode. ‘Tis a shame. Ed.: That likely knocks out Zune and a few other devices, as well — if you’re listening, oh device manufacturers, we really, really, really prefer to buy devices with this feature!

Grab a nice big, cheap, old USB 2.0 and route S-Video off of the back of your Edirol V4 mixer and have instant hour-long, high-quality web and PMP ready gig recordings. Sounds perfect.

The best news? It’s coming January 15th for only US$129.99. Awesome.

Via Engadget, and Macworld.com.

Now, what to do about the other end? How about a 500GB – 1TB LaCie external hard drive with composite / S-Video / component video output? You’ll never need a DVD player hooked up to your mixer again.

LaCie’s LaCinema Premier external HDD surfaces [Engadget]

LaCie video hard drive