Digital Video Encoding Comp

[NulloModo]

Heya,

So, if I wanted a PC with the sole purpose of converting lots of DLed video to DVD and burning it, what would I want? I want it to encode as fast as possible, burn to disc as reliably and fast as possible, and hopefully, be able to burn at least 2 discs at once (bonus points for two discs with different material). I don't care at all about gaming performance, I have a PS2 for that. So, what would you recommend?

EDIT:

For info purposes:

I already have the following that will work:
Graphics card (though it is AGP, so if you recommend a PCI-E board, I need a new one (it is a Radeon 9500pro))
Power Supply (generic 550 watt that does the job fine)
Case (Antec Dragon)
Mobo if the CPU needed is an Intel Socket 478, else I need a new one
RAM, if PC 2700 works, but I only have one 512 Meg DIMM, so maybe I need more
Hard Drives: I have two PATA drives, one 100 gig, one 250 gig, I will need a lot more I think

 

[GeForceX]

A lot of fast RAM. 1 GB+ preferable.

160 GB+ dedicated to media. Depends on amount of DVD's you want.

A bunch of codecs such as K-Lite Codec Mega Pack.

I don't trust generic PSU's and neither should you.

To do the crunching work, you need a good P4/A64 2.4 GHz+ CPU.

You don't need newer video card to encode any media. AGP works fine.

-J.