2MIDI is a balls-on accurate MOD to MIDI file converter, it doesn't just stick the notes in a MIDI file. It also converts the effects and instrument info (volume/pan envelopes etc...) to make an exact MIDI copy of the MOD (assuming there are enough MIDI channels). 2MIDI supports the MOD / XM / IT / S3M / MTM file formats.
Drum channel Use the MIDI drum channel for conversion of notes with no FX applied
Effect translation Translate MOD effects to MIDI controllers/meta-events
* SF2/DLS samples, channel sharing, resolution options, drum chan conversions, effect translating are only available in registered versions.
Licensing
Standard license: €15 The "standard" license allows the 2MIDI output files to be used for personal and freeware/shareware purposes, but not commercial purposes.
Commercial license: €200 The "commercial" license allows the 2MIDI output files to be used for any purpose, including commercial.
note that all prices are quoted in Euros, but payment can also be made in several other currencies