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It does have H265 hardware encoding/decoding support. This actually makes N100 a perfect choice for running Plex/Jellyfin.

What is holding me back from getting N100 for Media Playback is mainly that there is only support for 2x SATA ports.

Of course you can just get some PCI board to help you with more disks, but I was hoping to remove that in terms of space.

I'm using a Dell Perc H310 in the PCI-E 3.0 x16 slot (which is actually only wired as x2). With just 4 SATA3 HDDs connected it works fantastically.