Turbo.264 HD can use many types of video, including:

AVCHD Video
QuickTime
AVI
DV
WMV
MPEG-1
MPEG-2 Program/Transport Stream
MPEG-4
MP4
M4V
H.263
H.264 AVC
XVID
VIDEO_TS and many more.

Certain formats will require the installation of an extra QuickTime component, to use the video with QuickTime Player, Turbo.264 HD, or other applications on your Mac.

WMV needs a component like Flip4Mac.
XVID,  3IVX and DIVX need a component like DIVX or Perian.

XviD_Codec 1.0 alpha.component is not recommended for use with Turbo.264 HD, and may cause errors.  Perian is a better choice.