good idea (Score 1)

I think its a great idea to have a decoder off-loaded from the CPU. An ENCODING option would
be much better.

Currently I am using a "Dazzle Digital Video Creator" which is an parallel port video capture device. Basically it is an MPEG encoder - takes in any video source and writes out an .mpg file. Because it is a dedicated encoder chip, it is much faster and efficient than capturing uncompressed .avi files and re-encoding to mpeg - all with the CPU.

If this product ALSO did encoding I would be impressed.