While this makes me (as a developer) happy, my customers don't care. They want encoding, they want it cheaper, and they want it better.

I am still tinkering, but for our purposes, it looks like Amazon's Transcoding service is going to be cheaper and of good enough quality to get the nod over Zencoder.

This needs more upvotes so it remains visible to all the people in at the top of the discussion who think Zencoder lives and dies on price alone.