You can also use Windows Media Encoder to encode the video. If you want to have more options to tweak, or if you're on Win2k. http://www.microsoft.com/windows/windowsmedia/9series/encoder/default.aspx
Well Nintendo isn't making money off the theme. Nintendo of Europe had the themes created for them, and is including a code and link when you buy the games in Europe. Sadly NOE didn't think about their American, Japanese, and Australian counterparts when they did this
I already have the official GameCube theme. Now I'll have two out of the three. You know Sony's not going to leave this market alone, expect a PS2 skin now. That'll look nice, I'll have all three
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