ok, you can do this in pivot 2.2.5 and 3.
1. Make a new folder called 'animationname'.
2. Go into pivot and open your animation.
3. Save your animation as bmp or jpeg, inside this new empty folder.
4. If your animation name was horse, they should save as Horse001, horse002, and so on (the digits after the name might change depending on your total frames.
5. Open vdub and click 'open' to choose your Horse animation.
6. Double click the FIRST frame (eg Horse001).
7. It should automatically load all frames.
AND
to make your images into a small avi (i got 50 seconds of AR recording from 110mb into 650 kb)
8. Click video -> compression
9. Choose divx (drains some colour but is best choice)
10. Go video -> filters (add any you want)
11. Click File -> save as avi, find a place to pop it, then you're done.
Did that answer, drago? Sorry i got a little carried away