CHOADYJPM I like it. I just started encoding on my MacBook Pro and I'm getting great results! I am having one fairly large problem.... It works fine with Quicktime export but if I use iMovie HD and try to export with it it crashes my iMovie app!!! Even if I try to go in and change it in the Video Settings and change to a different codec, it crashes. So I have to go back into Quicktime to change it before I can go back into iMovie and export to Quicktime Movie again. :( Idonno if anyone else is having that issue or if it's just my machine.
If not for that annoying bug I think it is totally awesome!
(Mac OSX 10.4.8, MacBook Pro 2.16GHz Intel Core Duo, iMovie HD 6.0.3)
(Version 1.1)