For those wondering about the low fps, it is running on a 1ghz G4 Powerbook.

This is the main window, as soon as the bugs are worked out I will post one with the User Presets window open.
*Note: some of the changes are for testing purposes only. Such as the window title (just so in testing I can see at a glance which version I am using) as well as shortening the codec drop down description so that when selected the whole description show up so I can see exactly which "Baseline" I chose and verify that it stays selected.
Addtional Features Not Shown:
User Preset Window: Allows you to select specific settings to be saved as a one click preset.
Status: debugging
Settings Summary: Basically one spot you can see everything you have set for verification, also playing around with an optional iPod specific (at this time) evaluator. Basically says: "These settings are iPod 1.2 firmware compatible" or whatever based on what you select. Came to this idea based on the huge number of forum requests asking "why doesn't my video transfer to my iPod". Could expand easily for any known target platform such as PSP, etc. User could enable evaluator or disable it at their leisure.
Status: developing as time permits.
These are just a few additions I am trying out for myself and am in no way saying it should be added to the trunk.
I am just offering it up to get opinions/thoughts/advice etc.