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Agree on all points! I have an ATi card and I'll definitely be using DXVA capable codecs (MPC for Video, PowerDVD for LiveTV). And you're very right about CoreAVC not being the best for quality.

ATi should definitely open up their GPU for programmers or CUDA is going to leave them in the past. I can imagine the time when the MPC team start harnessing the power of CUDA as well the CoreCodec team.