NOTE: I am NOT LIABLE if you violate any copyright laws downloading web video.
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Step 1: Get the New Realplayer to Download Web Video
Go to http://www.realplayer.com/ and download and install the new RealPlayer.
Step 2: Rip the Flash Video
You could simply right click the video and at the very bottom of the list you will see a button that says "Download This Video To RealPlayer.
Step 3: Get MoviePod
But that's not all!
To convert the video to an iPod friendly format I used MoviePod for Windows (they also have it for Mac): Go here http://www.nullriver.com/index/products/moviepod.win and download and install the trial* version of MoviePod.
*It says "trial" version but I have had no problems and there have been no limitations with the software.
Step 4: Convert the Flash Video
Simply drag and drop the flash video file (location: "Documents"-"Videos"-"RealPlayer Downloads") you downloaded onto MoviePod and it will automatically start converting the file to MP4 file format, which is compatible with iPod and most other video capable players.
Step 5: The Easiest Step! Syncing Your IPod!
This process should work for any website that streams flash video in an unprotected format. So go try out your newly found skill!
Thanks for reading,