I have to say I find the price of Squeeze outrageous. For anyone considering paying 799, you might as well pay 999 for Avid and get the Squeeze bundle plus a pretty decent NLE. For those on a budget I'd second the suggestion of looking at ffmpeg and its variants.
Sorenson medias is a "standart" in major broadcast
Teevees for the task it's been made and they
Have responsive tech support.
It's not really a product thought for indy structure
Where there are solutions that work very well
For free Or little money.
When I did my avid training on the national teevee,
I realised how the concept of expensiveness is very
Relative. Nobody talks about money there, but about support.
Imo, squeeze has a price and service that reflect its target.