Iknownot: just trying to add something to your post, the REDIRECT target is correct.
Redirect is commonly used on transparent proxy. It redirects routed frames to the firewall machine. If i understand correctly, that proxy is running under same linux as iptables and there is no proxy configuration on netmeeting (if there is, i think that is not a "transparent proxy"). If you dont specify any subkeyword on REDIRECT, the port wont be changed (that is the desired behavior).
I still think that a proxy inst necessary on that configuration and just make the thing worst. However im too lazzy to write an entire iptables configuration here :)
