VirtualDub - Opensource Video Capture/Processing Utility for Windows

VirtualDub is a video capture/processing utility for Windows platform. It is a very useful, powerful and lightweight utility for processing linear video streams, including filtering and re-compression. This tool is very useful to compress large videos and also for quick capture and encoding. Different plugin filters further extend VirtualDub's capabilities. 

Currently, there are two versions available for download:

VirtualDub v1.9.11 (stable)
VirtualDub v1.10.0 (exp.)

VirtualDub Official Website: http://www.virtualdub.org/index.html

VirtualDub Download Link:

http://sourceforge.net/projects/virtualdub/files/virtualdub-win/1.9.11.32842/VirtualDub-1.9.11.zip/download

Enjoy!

Screenshot:

VirtualDub v1.9.11 Preview