shaky,
A couple of programs that have free trials are:
MemoriesOnTV
Full Motion Video
DVDCutter Stream and Mp3CDWav Converter
(No Screenshot Available)
I have not used any of these programs, but their descriptions say they should do the job for you.
Take Care,
Richard
P.S. One other option for you is the Windows Movie Maker that comes with WinXP. There are several updates for the program available from Microsoft that give added functionality to the program.
Windows Movie Maker 2 Download