MPEG-VCR is a software video editor that performs all editing on MPEG data with frame accuracy. The Womble MPEG-VCR was the precursor to the Womble MPEG Video Wizard, but loyal users still love it. It is a software video editor that performs all editing on MPEG data with frame accuracy. It supports all MPEG-1 and MPEG-2 bit streams, including MPEG-2 Transport streams for HDTV. Its major features are list below.

MPEG-VCR Features:
1. Frame accurate editing: step forward and backward through your video, frame-by-frame, to find exactly the scene you want, or to cut out the ones you don't.
2. Fastest scrubbing of any MPEG-2 editor: Scroll through your entire movie as fast as your mouse can drag the slider. Quickly find the scenes you want to keep, or the ones you want to cut.
3. Fastest frame stepping of any MPEG-2 Editor. Move through your video frame-by-frame at the click of your mouse, or the press of a key. Makes it super easy to zero-in on exactly the desired frame to be edited.
4. No re-encoding when editing DVD-compliant MPEG-2 captures from the latest USB/DVD capture boxes. When using these sources to create a movie for DVD burning, you will not have to wait for many hours while your movie is re-encoded. Instead, your edited video will be written back to disk as fast as any disk-to-disk copy operation.

The license of this software is Free Trial Software, the price is $19.00, you can free download and get a free trial.