Is there any difference in quality between mp4 and m4v?

Is there any difference in quality between mp4 and m4v? I am figuring out how best to save old VCR files. Is the 264 category the best?

So, what would that software be? Anything that I mentioned, e.g., iMovie? Any Video Converter?
I'm a Mac user so I want files that play "natively" in QT X, QT 7, QL, iPod Touch, iPhone, iPad, and/or TV players. This means I want the H.264/AAC compressed data in MOV, MP4, or M4V file containers. I can use QT 7 Pro, MPEG Streamclip, and /or QT X to move MPEG-4/AAC compressed data to MOV file containers, MPEG Streamclip to movie M4V and MOV MPEG-4/AAC data to MP4 file containers, and Subler to move MP4 or MOV MPEG-4 AVC/AAC/AC3/Chapter data to M4V file containers. This is strictly a simple "copy" operation and no recompression of data is involved. (I.e., the quality is not changed.)
iMovie is a video editor and it forces an export conversion of your project once completed which can degrade quality. Have never used the Any Video Converter so I don't know if it has an audio and/or video "passthrough" feature for data already in a compatible compression formats. If it doesn't then any conversion it makes has the potential to degrade video content.
As to AVI, this is a legacy file container abandoned by Microsoft a dozen years ago in favor of their modernized WMV compression format/file type products. Compared to MKV, AVI is an outmoded/out-of-date container which I don't recommend you use unless you are a glutton for punishment. However, if you must use it, then you might try the AvidMux app. It can "copy" compatible content to a number of file container types—including AVI and MKV. Just don't blame me if its use creates more problems than it solves on current Mac systems.

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