Not even close. Sorry. The Open Source projects are mostly based on mencoder, which itself uses reverse-engineered codecs. I don't want to argue the legalities/ethics of that here, but the bottom line is that Nokia cannot legally redistribute those codecs. Which is why we have this app, which uses commercial codecs to do the work. You can decide for yourself on the difference in quality between this project and others.
Right, and we need *much* more than QuickTime support for the amount of video/audio formats we support.