Freemake Video Downloader is a Freeware that can be used on Chrome and Firefox as well as Internet Explorer, and it can be used to download video from over 40 sites such as Megavideo, Dailymotion, Youtube, Facebook, MTV etc.
Before each download, Freemake Video Downloader displays the video resolution, size and encoding used for the audio output, so you can choose to download (or not) the version that has the best resolution.
You can also choose to convert it to another video or audio format after download. AVI, MKV, MP3, iPod / iPhone, Android, 3GP or PSP are all examples of formats available. Very useful for example to extract MP3 clips from YouTube to enjoy it later on on your MP3 player .

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