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(Stax Rip didnt install btw... there was some kind of error)
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Next build will have a htm file with requirements in the install dir, it requires .NET 2.0 as stated on the download page.
Quickest might me Nero Recode. Good things take time and patience, I would be more concerned about quality and compression. With x264 you can have much compression e.g. to save disc space but good settings are painful slow.