I'm using Dazzle's MovieStar 5 to capture video from a DirecTV receiver and converting that to Windows Media format using Windows Media Encoder. MovieStar does a great job of capturing the video stream, but after it's encoded, the audio and video are out of sync.
Here are the options I'm using:
Windows Media server (streaming)
High Speed content video (CBR)
Voice quality audio (CBR)
313 Kbps bit rate