Meh, faster than realtime transcoding for uploading video to your I-Phone could be marginally useful, and relevant to more customers than those doing offline encoding.
They both matter (a little).
PS. just knowing FPS in ideal situations is not that relevant, rushing through ME and mode decision with the simplest algorithms is good for FPS but not good for quality.
The time, that I needed to re-encode Firefly pilot ("Serenity", DVD, ~ 83 minutes) for my iPhone with Nero 8 and two-pass encoding&X2 3600+ with 2x2.0 GHz, was something about 2 hours (faster than realtime).
And there are a lot of people with PS3s, PVRs etc., who need more than iPod resolutions for their HDTV archives.