Version 5 of standard multimedia compression codec DivX, has been released.
Quoted, "DivX 5.0 raises the bar for video technologies everywhere with a universal architecture, increased optimizations and encoding performance, significantly improved visual quality, MPEG-4 compatibility including a new MPEG-4 based DivX file format, a complete command line interface for advanced users, and a host of other improvements that will appear to novice and power users alike ... is capable of playing back all versions of DivX technology, from 3.11 alpha and earlier, to version 5.0 and later."
DivX 5 is currently available for download in standard edition(free) and "Pro" edition(30$, or free w/ads).
Differences in the two versions are comparable through the site's charts. For the Codec, check the site's download section.