I dunno Sharc...I'm sure neuron2 will weigh-in shortly and straighten us out--his doc sez "elementary (raw) and transport streams" which could be interpreted I suppose as including .m2t(ransport)s(treams).
I've had his NV tools since mid-Jan but have never tried to use them to demux anything--usually I'm using eac3to to do that, cuz I'm modifying BD or HD DVD movies. Also I use VideoReDo to demux MPEG2 OTA TV recordings I've edited.
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