More capable than you might think
At first glace it looks like Apple depricated alot of the the best features from the original version of Compressor which Apple seems to have elvated to an artform of late. However, with a little digging and a willingness to do some (very little) reading in Compressor Help, you will find the ability to customize bit rate, frame size, frame rate, file type and you can even create your own compression settings from scratch if you know what you’re doing… which I don’t. The interface HAS changed considerably to look more like iMovie Pro er— rather… FCPX, but I find that it’s actually easier to use with no discernable loss of functionality from it’s predicessors. My favorite improvement is the ability to set both transcode settings and destination for multiple assets without having to manuall select one at a time. With the older versions, I always found myself command + selecting individual targets so I could assign one destination to all of them. I’m no compressionist, hardly even an expert, but with a little digging and experimenting, the latest version of Compressor should fit the bill for all but the more advanced users. If you need something more robust, then spend the money on high end video encoding software like Episode. Good luck.
Lil foamy about
Compressor