Did you try the Streaming/Exporting Wizard in VLC? Looking at the available formats, there's MPEG-1, 2 and 4, and H.264, among others. I think MPEG-4 and H.264 will only play in QT Pro, but wouldn't MPEG-1 and -2 open in standard QT?
You've got it backwards. MPEG4 and H.264 play in standard QT 7, but MPEG 1 and 2 are part of a $20 MPEG playback upgrade, that isn't even part of Pro, AFAIK.
MPEG-4 has been part of QT since QT6, which is on the ever-faithful Lombard running OS 9.2.2.. Remember, iTunes requires the QT libraries for playback and Apple's AAC codec is based on MPEG-4. If you don't believe me, go into OS 9, find a .m4a iTunes file and change the extension to .mp4, then open it. It'll work.
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