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Found this with a quick search on WHT :
http://www.webhostingtalk.com/showthread.php?t=1343476&highlight=dual+l5420.
Dual L5420 for $40.
anymore offers?
What software do you use for the video encoding?
I use megui
@Ruriko are there some benchmarks about how well this performs on various processors? Maybe it will work better on a modern 2/4 core processor with AVX extensions rather than an oldish 8 core CPU without such extensions.
We have 2xL5520 for $49/month if that helps.
I don't have benchmarks but any video encoder tool will give similar results