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Very good, thanks for that.  And now onto MediaPortal, if I may

If I'm playing back an mpeg2 file (TV recording) in MP, what codec is used:

1. The one in MP's Movie Player's "Video Codec"
2. The one in MPs DVD "Video Codec"
3. The one in ffdshow's mpeg2 setting  (taking into account your points about ffdshow) ?

And finally, what if I'm playing back an X264 file in MP..which one then?  I'm assuming it's not 2.

Thanks again