I guessed as much. You're working in HDV. It's relatively processor intensive. HDV is a miracle at managing to squeeze HD into the same bitrate as DV, but that's as far as it goes. It'll take longer to decode and encode because it's temporally compressed (less complex than AVCHD, but still pretty complex).
>I edited HD footage then exported to QuickTime, it took over 2 hrs!
With any long GOP based formats, exporting time will explode. However, you can toggle your sequence to ProRes and export a self contained QT movie. This will reduce the time FCP takes to "conform/write mpeg2", and it will be less intensive to encode to your delivery format.
>Now, Compressor is taking over 14 hrs~~
DVD is SD. To get that stuff onto DVD, you need to down convert. And all that number of pixels in HD will need to be decoded and encoded as SD.
If you turn off Frame Controls (not on auto, but off), you sacrifice quality, but you gain speed. Also, if you change motion estimation to "good", you gain more speed in the process.
Basically the trade-offs are speed vs quality vs cost. If you work off faster machines, you'll see a noticeable speed improvement, if you sacrifice quality (either use a faster encoding/scaling algorithm, or shoot in SD), you'll see a noticeable speed improvement.
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