What is the best software for video fish-eye/barrel reduction?

I recently bought a GoPro camera and would like to reduce the fish-eye/barrel effect on some of the video clips. I haven't been able to find any plug-ins or software for mac's that can do this. I was hoping to do all my video editing with iMovie but it doesn't seem to have everything I need. What do you recomend?

See this Wikipedia article for some encoders:
* http://en.wikipedia.org/wiki/Theora#Encoding

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