What hardware encoder are you testing?
I've got a Wired Digital Mediapress PCI card in my Quicksilver though I haven't used it in years. It will do realtime conversion when capturing from composite, s-video, or SDI (with a breakout cable). It will also transcode from multiple formats to MPEG-2. I think it has two-pass capability but I'm not sure. I may also have the earlier Mediapress PCI card that just converted DV files to MPEG-2. I'm pretty sure the Digital Mediapress worked in OS 9 and OS X but the earlier Mediapress was OS 9-only.
There are examples of both cards up on eBay now.
I've wanted to try out the Sonic Solutions cards but when I was looking into them a few years ago it seemed like you'd have to find a full, working system with software due to need for keys (possibly dongles as well) and no way to activate software that had never been used.
Its far easier and much, much, much, etc... faster to just run Handbrake on a PC but that's not why we collect this stuff.
it's the OS 9 only MediaPress PCI card( 23770 ).
Just ran a quick test on the card, 48 sec. to encode with the card from a DV file, while QT took 60 sec on the same file with the same 9 mbps video encoding.
The DV file is one I transcoded from an example MPEG2 movie file that can be found on the web, but somehow the transcoding lost the audio track.
This is on my QuickSilver 800MHz G4 with 1 GB of RAM and an old 80GB spinning ATA drive, virtual memory is off per the warnings of the card( OS 9 doesn't enable VM with greater than 768MB or RAM anyways. ).
I'm going to give it a go across several machine, both SW encoding and HW encoding. Got to dig out all my old PPC stuff, really interested to try it in my Beige G3 upgraded with a G4 433MHz as I have the Wings card in there and I can capture some DV of live TV in BTV then test that file with audio.
The DMP PCI card transcodes a audio file to PMC audio.
I'll also try SW encoding with OS X and QT/DVD SP on the Dual 2.0 GHz G5 and see what times I get on the same source file.
All wonderfully worthless, but I love to benchmark things, and I got a great deal on this old PCI card, so why not.
I took a very hard fall on the ice and I'm all busted up, so this should keep me warm and inside while I heal.