Messed that one up I'll try again

Ive pressed RENDER and this was the result

Video Src Type MPEG1Payload Audio Src MPEG1AudioPayload

Video Path [S]-->MPEG-1 Stream Splitter --> MPEG Video Decoder --> [R]

Adio Path [S]-->MPEG-1 Stream Splitter --> MPEG Audio Decoder --> [R]

What does that mean in English