Bungie has recently announced on their website that their Render-to-Video service has entered a public beta. If you don’t know what this service is, it lets users converted saved ingame clips into actual video. This is a much needed feature for those who like to compile Halo 3 montages or other machinima.

Don’t throw away your capture card yet as this service will cost you Bungie Points. What are Bungie Points? Bungies answer to Microsoft Points, I guess. Honestly though, you’ll be able to exchange 1 Bungie Point for 1 minute of standard definition video or 5 points for 1 minute of high definition video.

Bungie says the beta will run until July with the actual service going live sometime around Bungie Day (July 7th).