Hi. I've been using Badaboom for a couple years now to transcode video using my GTX295 and it works very well. The speed increase over CPU transcoding is simply amazing. I'm using a quad-core Intel CPU running at 3.1 Ghz (12MB of CPU cache) and it's simply no match for the GTX 295. Invest in a decent GPU instead of sinking more money into multi-core CPUs if you're serious about transcoding.