Yes, you can freely download and convert any youtube video with the help of this new free utility called Abcc Free Youtube FLV Downloader AND Converter.
What is Abcc Free Youtube FLV Downloader AND Converter?
It is a free software which allows you to download Download video from YouTube and convert the downloaded Flash (.FLV) videos to other formats.
It supports the conversion of FLV to AVI, WMV, MPEG, 3GP, iPod, iPhone, Zune, Xbox, PMP, PSP, Apple TV, Pocket PC, MP4, MOV video and MP3, AAC, AC3, AMR, M4A, OGG, WAV audio.
Save any Flash video to your iPod, PSP, iPhone or any other cell phone or computer, you don’t have to depend on any online tool to convert your flv files to different format Abcc Free Youtube FLV Downloader AND Converter makes this conversion offline for you.
This software comes with a youtube downloader ( shown below in the image ) and converter to convert the downloaded flv videos to any format.
Limitation: The free version will convert one file at a time