A Softpedia Mac OS X favorite, ReelBean is a video / audio player and converter capable of playing almost any Mac-supported format. It can also handle third-party plugins that make proprietary formats available. The media-focused app is supported on all three major versions of Apple’s OS used today (Tiger, Leopard and Snow Leopard), and offers an extensive array of options to play around with various file formats.

Featuring a redesigned audio-recording feature, complete with a new user interface, ReelBean 4.7 is the latest version of JS8 Media’s player, recorder and converter for Mac OS X. The developer posted the update exactly a month after the release of ReelBean 4.6 (build 140), which updated the software’s DVD controller, and fixed several minor bugs.

ReelBean not only offers playback features for video files, but also video-editing functionality, and allows you to separate video from audio, split movies, or play back at a slower or faster rate. With the ability to play your original DVD movies using the same features, the most recent updates are definitely worthy of every user’s attention.

You can also stream videos that you can record and save to your Mac, access the window menu to navigate and select scenes and chapters available for a video, and choose just the parts that interest you. Pretty much every video you’re going to play using ReelBean will contain sound. Settings for bass and treble, and others can also be manipulated.

The conversion features assist users in exporting videos to many popular formats, including all iPod-, iPhone- and Apple TV-supported formats, as well as 3GP, AIFF, FLC, AVI, Wave and MPEG-4. The free version, however, doesn’t offer the ability to convert files. Using the download link below, readers can obtain the latest version of ReelBean immediately. The app is a Universal Binary, compatible with PowerPC and Intel processors.

Download ReelBean (Update / Demo / Buy)