Yes.
First, set up Qmaster.
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www.dellanave.com]
Follow everything except that because you don't have a SAN, you don't need to set up QAdmin, so you can check "Quick Cluster with services" instead. And set instances to the total number of cores minus one, so if you have 2x Quad cores with hyper threading, you have 8 cores x2, so set it to 14 or 15. Rule of thumb is to provide each core with 2 GBs of RAM, so, ideally fit your machine with 32 gigs of RAM, or set it to 4 or 6 instances since you don't have that much RAM.
Then export a reference QT movie with "DVD Studio Pro markers" (this will add compression flags to cut points), and if it doesn't need much rendering this process should be much much faster than what you are doing, then do all that you are doing in Compressor.
Here's how to set up Compressor.
1. Set the flag to 4:3. I'm in PAL land, so your setting should default to NTSC based on your source format.
2. Set it to 1 pass CBR. And Motion Quality to "Good". This will result in faster encoding, sacrificing quality. Click on the Gear icon next to bit rate for Compressor to automatically determine the optimum bit rate for your video.
3. Go to the Geometry tab. If you want it letterboxed (black bars on top and bottom), click on "16:9" under padding.
OR
if you need it center cropped (with the sides cropped out), click on 4:3 under "crop to".
When you submit to queue, you will choose the cluster that you created as according to the link I mentioned.
If you want to speed things up even more, go to Frame Controls tab and turn off frame controls. The trade off is speed for quality.
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