f2ko

Audio/Video To Exe converts audio/video files into other audio/video formats or an executable. Almost all audio/video formats (3gp, aac, ac3, avi, flac, flv, mov, mp2, mp3, mp4, mpa, mpc, mpg, ogg, ra, ram, rm, vob, wav, wma, wmv, and other) are supported. You can play, convert your executables without a player, and codec. It works standalone. If you prefer you can extract the included file. It's not necessary to create executables, you can use this tool also as an converter or a player.

Version 1.2 has better mp3 support and real-video files can be selected.