Besides gaming, the Sony PlayStation 3 is an excellent device for high definition video playback. Besides Blu-ray disc playback support, the PS3 can also play high definition video files, which can be downloaded from the Internet. The most common HD video file format is currently the Matroska (.MKV) file format, which the PS3 does not [...]

SmartLabs tsMuxeR is a transport stream muxer. It can demux and remux content streams from one container format to another.
Supported output formats:

TS
M2TS
Blu-ray

Supported video codecs:

H.264
VC-1
MPEG2

Supported audio codecs:

AAC
AC3 / E-AC3(DD+)
Dolby True HD (for streams with AC3 core only)
DTS/ DTS-HD
LPCM

Supported subtitles:

M2TS Presentation graphic stream

Supported containers and formats:

[...]