Thanks for the advice, Holo. But, I'm still a little fuzzy on how Ctrl+I is supposed to work. I mean, am I supposed to hit ctrl+I then paste into paint, or what? Does Ctrl+I work for wmv's played in wmp9? Maybe I'm just an idiot.
EDIT: Dur. I am an idiot. Ok, so I followed your second path, and so far I've converted perfectly to an mpeg. I'll re-edit asap as soon as I get a jpg out of it.
EDIT 2: Thanks a ton, Holo! That did exactly what I needed it to! Woot! You da man.