In the main window of Wondershare Video to PSP Converter you can add the video file that you want to convert. You can preview it and also select an output format and directory for the exported video 

Here is the Edit oanel where you can Crop or add Effects to your video. The effects include Brightness, Contrast and Saturation optimizations. You can also set the default volume for your video here 

The Options menu lets you set options about Language, Snapshot and Skin. For the Snapshot you can select an output directory and an image type 

Here is the Wondershare PSP Movie Manager where you can manage your PSP movie collection by adding or removing psp files from one panel to another 

And this is an actual example of how Wondershare Video to PSP Converter works. You can choose to see a preview of the conversion and you will see the elapsed time and the converted length of the current file