What Do I need to watch / convert h.264 TS recording

[goodgod]

I have recorded h.264 in TS format. I have following questions
1. Can I record it in mpeg format? As I cannot seem to do it with DDs settings
2. If I record it in TS, VLC will not play Audio or Video. What do I need to make it play in VLC or any other player.
3. I would like to convert it to MKVs with x264. Is it possible.

My Hardware WINXP Pro SP3
Skywalker 1
Intel XD4500 IGP
Quad core Q9550
4GB ram
Thanks

[saentist]

yes it is possible

1. container never mind
2. use Media Player Classic HC (read how to configure it correctly )
3. there is so many transcoders free too