I downloaded the trial versions of both, and used both to convert a 5.9 GB avi file (from a portion of a VHS tape that was 26.5 minutes long). The VECP took just over an hour to encode, while the MCME took just17 minutes. The mpeg file created by VECP was 2.34 GB, while the mpeg file created by MCME was only 1.49 GB. Why the difference? If it is because of the bitrate, I would not be able to confirm, since the trial version of VECP does not indicate bitrate. This is really strange: although both encoders show a capture time of 26.5 minutes, the actual amount of video captured by VECP was only 17.8 minutes, whereas the amount of video captured by MCME was the correct 26.5 minutes. I did not see any noticeable difference in the mpeg video quality for either. The MCME was more user friendly than the VECP. What mpeg encoder would one recommend that costs under $100 with an encoding speed similar to the MCME?