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from Nick Swardh:

Here it is, PSPVC v3.20! This release offers faster conversions, an improved queue/batch list feature, improved audio-syncing, a new option that let you select subtitles from MKV files, a CFW/OFW bitrate lock for users with OFW PSP�s. I've also changed the default setup a bit and added the new 640x480 resolution (require PSP v5.0 or higher).

* Improved encoding speed
* Improved queue feature
* Improved audio-autosync feature
* Added option to select embedded subtitles from MKV files
* Added the new 640x480 resolution (require firmware 5.0 or higher)
* Added CFW/OFW bitrate lock (available in "Settings")