announced a new addition to its video encoder product range with the Turbo.264 HD which as the name suggests now can handle HD video. The previous model, the Turbo.264 had rave reviews and the new version will hopefully improve on that.
The great news is that the Turbo.264 HD supports a wide range of video formats and resolutions (up to 1080p), so it shouldn't really matter what type of source content you use. It will output in H.264, but as this is a rather good format both in terms of quality and file size, not to mention web usage, there's nothing to fault there. It also offers direct upload to YouTube (even in HD) and automatic conversion for iPod and the Sony PSP.
According to Elgato the Turbo.264 HD will reduce the time it takes to encode video by a third or more, although they're not very specific here and it might differ depending on the source video format used. The Turbo.264 HD is compatible with all Intel Mac's running Mac OS X 10.5.6 or later with at least 512MB of RAM.
It would be great to see a version for PC as well, but we doubt Elgato will bother with that, as the company targets Mac and Mac only. At US$149.99/€149.99/£139.99 the Turbo.264 HD isn't cheap, but if it does what it claims and does it well, it seems like money well spent if you're serious about your videos.
You can find the product page here