from Nick:

Yup, another PSPVC version has been release and ready for action!
This version ain't loaded with some new fancy-pants features or anything like it, this is basically a quick update that fix a DirectX check-bug that was introduced in the previous version for Windows 7 users. I've also corrected some issues with the pad/crop features effecting the "original" view when previewing the video before converting it.

Also, in case you didn't notice, I've also fixed the youtube video-downloader - it's now working again, ooh happy day...