Trouble with Megui converting VC-1 to H.264

[loot87]

I have ripped a Blu Ray title using AnyDVD HD. I used Tsemux to break that down into a VC-1 file and an AC3 file.
I'm trying to convert the VC-1 file to H.264 so that I can stream to PS3 and a FreeAgent HD+.
The step where I create the AVS script is giving me a Direct Show error. "Unable to render the file. You probably don't have the correct filters installed."

I have installed WMP11, FFdshow, Haali, and AVI Synth 2.5.
I have enabled VC-1 in ffdshow for WMV9.
I have installed and updated MeGUI. I'm running 0.3.1.1056.
No joy.

I'm running Windows XP.

Any help would be appreciated.

[Inspector.Gadget]

Don't use an elementary stream. Use it in the original M2TS container.

[loot87]

Thanks dude. That did the trick.