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This *does not change the video encoding*, so it's fast (almost purely I/O-bound) and results in a file of nearly the same size.
However, OSX (and possibly other programs) will more easily play/seek the file when wrapped as MOV. For example, you can QuickLook the resulting file.
This basically does the same as the commercial ClipWrap program, except using the free program ffmpeg.
There are 3 alternatives - vote for the best!
If you can do better, submit your command here.
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