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It's one of those generic Chinese devices -- always hard to know what's really inside.
Would it be possible to wait a few more days? I can create a new VirtualDub guide. It's on the to-do list. It works with at least two USB capture sticks.
I'd also suggest Xvid, not Divx. Divx-enabled DVD players still play Xvid files, also being an MPEG-4 Part 2 codec. But Xvid is generally better to work with, and quality can be better, too.
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