Converting an ASF stream to AVI/WAV with Graphedit.
Start up Graphedit. Now, we need to get your ASF input stream into the graph. Choose File --> Render Media File. Next, choose your input ASF stream.
Now that our input stream is rendered in the graph, we need to delete a few filters. Scroll all the way to the right until you see the final 2 filters of the graph. They should be called Default DirectSound Device and Video Renderer. Click on each filter and delete them both.