I am planning a project and this is the main req:
- to capture video from several cams and store it on the server as .flv What software would u choose for doing the realtime or batch conversion?

You can use the Flash 8 video exporter if you want Flash 8 video with cuepoints. You can buy Sorenson Squeeze if you want better quality flash 7 (2- pass encoding)
You can buy Flix if you want 2-pass flash 8 video.

There's no optimal tool yet, 'till the flash video exporter supports 2-pass encoding and filters or Flix gets free :-)
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