It wasn't only the watermarking issue (which is a big problem in my book) but the fact that batch encoding different formats (MOV WMV FLV) always caused it to crash. Certain WMV files also had a definite green tinge when the source video was on the dark side (high contrast lighting or moody dark backgrounds)

So to make it work, I had to not mix formats, not encode more then one file at a time which made the batch feature almost pointless. Our 5 minute video clips are about 3gig prior to encoding down to 60mg so it takes a lot of muscle to make that happen and Sorenson came up lacking.

Episode Pro gives me no trouble at all. It will take everything I push at it and sends it back looking great. I can put in four 5 minute clips at 3gig a piece and 4 hours later I get back 24 encoded clips in two formats and three sizes each. Worth every penny. We do shoot in prosumer hd 16:9 with stereo audio.