On that note, version 6 now comes with the VP6 plugin built in, which is a really nice feature. I found that Squeeze 6 has one of the better deinterlacing filters in it's price range, and it allows a LOT of adjustments for both h.264 and On2 VP6 encoding. There are still some quirks that are annoying, like a gamma shift when using the MainConcept h.264 encoder in Squeeze, but you can adjust for this sort of thing. Squeeze, on the other hand has really taken some great steps forward, particularly (in my opinion) with version 6. Unfortunately, as others pointed out, ProCoder hasn't been updated in a while - the last update was in 2008 - and it has definitely fallen WAY behind at this point, particularly when it comes to both flash and h.264, which are arguably two of the most important parts of encoding software these days. Squeeze, I always USED to prefer ProCoder 3 to Squeeze. I'm not sure it's logical to compare Carbon Coder to Squeeze since CC is $6000, as opposed to $700 for a new purchase of Squeeze, or a lot less of an upgrade purchase (I believe it's still only $200 to update to Squeeze 6 from version 5, which comes with Avid.) At 30 times the cost (if you already have Squeeze version 5), Carbon Coder had better be a LOT better than Squeeze. To be fair you should really consider Carbon Coder for this comparison, which is the latest version of Procoder, better than Procoder 3.
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