x262 is an MPEG-2 encoder based on the best-in-class features of x264.
It also has the big advantage that the codec is simple enough for people new to video-compression to get involved.
The TODO list can be found here.
The latest x262 source code can always be found by anonymous git repository:
# git clone http://git.videolan.org/git/x262.git
You can browse the source on-line.
For support information and to ask questions, you have the following possibilities:
A mailing list (x264-devel), and IRC (#x264@libera and #x264dev@libera). These are shared with the x264 project so remember to mention x262.
Please report any bugs to the mailing list. If it is a crash, then compile x262 with ./configure --enable-debug
and follow the ffmpeg bugreporting guidelines.
x262 is licensed under the GNU GPL.