Speedbit Video Downloader is an easy-to-use video downloader that is developed by SpeedBit to help you save your favorite online video clips in your computer. It can also be used to convert your videos to other video or audio file formats. 

Installing Speedbit Video Downloader is pretty easy and fast. Once you have it installed, you will see it appear on your browser’s toolbar. It looks like a search button where a black space is provided for you to paste the URL of the video you would like to download. It will instantly begin downloading your video in FLV file format. If you do not have a compatible media player for FLV files, Speedbit Video Downloader will also allow you to convert your downloaded videos to a different video file format like MP4 and AVI. If you are after the audio or music only, you can also convert it to MP 3 format. You can download videos from any video streaming sites that are enabled by Flash like YouTube and Dailymotion.