I have a bunch of episodes of TV shows downloaded I wanna watch on my PS3, but their format isn't recognized by the PS3, what as the best way to convert all those files at the same time to another format, preferably .MP4, quickly? The videos are all about 20 minute-long .MKVs, and all about 250MB.
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There's more than enough freeware over at Download.com to get the job done. It's really about how large a file you want, and how many features you need. The DVDVideoSoft packages are pretty good. Lightweight and easy to use.
It does not require high-end PCs as it merely rearranges the content inside the MKV file to allow them to work on PS3. I manage to convert 2GB MKV files to PS3-friendly MPG in 5 minutes on my 2007 laptop.