i was able to save this stream using mencoder (svn version)
mencoder -rtsp-stream-over-tcp -oac pcm -ovc lavc -ffourcc XVID -o done.avi rtsp://qt.interoute.com:80/mediamanager/%7B27a6992f-1297-42e3-be24-e38610c4f975%7D/%7Bd4b4b4f8-5fcc-4811-ba8d-f3a1736da74d%7D/1Insert_3_The_Butterfly.mov
is the line i used, it will reencode the video to mpeg4 and audio to wav.
i reccomend the rtm mencoder svn at this site:
http://oss.netfarm.it/mplayer-win32.php
have fun
i've also heard its possible to run
mplayer -dumpfile video.h264 -dumpvideo rtsp://qt.interoute.com:80/mediamanager/%7B27a6992f-1297-42e3-be24-e38610c4f975%7D/%7Bd4b4b4f8-5fcc-4811-ba8d-f3a1736da74d%7D/1Insert_3_The_Butterfly.mov
and
mplayer -dumpfile audio.aac -dumpaudio rtsp://qt.interoute.com:80/mediamanager/%7B27a6992f-1297-42e3-be24-e38610c4f975%7D/%7Bd4b4b4f8-5fcc-4811-ba8d-f3a1736da74d%7D/1Insert_3_The_Butterfly.mov
and then combine/remux these back into an mp4 with mp4box
http://www.videohelp.com/tools/mp4box
but i have not verified this yet.