Here's a good PAL -> NTSC conversion. Load up your PAL video. If it's progressive, go to the inverse telecine dialogue and IVTC it with a 10 pattern (make sure 25fps is selected in the drop-down menu to the left). If it's interlaced, just your favorite deinterlacing method. Then load up the NTSCfilm template, and encode away. A good NTSC -> PAL conversion works pretty much the opposite way, and works best if you can IVTC it to NTSCfilm. Load up your video, and if it's interlaced, IVTC it (if you can...if not, just deinterlace). If it's progressive, IVTC it with a 10 pattern (make sure 24fps is selected in the drop-down menu). Then load up your PAL template, and encode. These aren't FOOLPROOF methods, but they get the job done decently (for me, at least).
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