I was just searching around the Nero website when I found this...
Version Number: 2.2.6.14
(Changes from Package #2, Version 3.1.0.0 ⇒ 3.1.0.0c)
Release Date: April 7, 2005
New Features
* Added Memory Stick Video (Sony PlayStation portable compatible) as new Nero Digital™ profile
* Added support for 8 cm 1.4 GB DVD media and CDs [21 min]
* Added *.MMV to supported video file formats
* Added *.MOD to supported video file formats
Bugfixes
* A DVD recorded with a CE DVD recorder was not importable in some situations
* Nero Recode was analyzing files again when the order of the files was changed
I'm not sure if anyone else has noticed this yet, but you can see for yourself at the following webpage...
http://ww2.nero.com/us/Nero_Recode_2_Release_Notes.html#a1
There's only one problem though...I haven't really searched hard enough yet, but I can't find where to download the Version 3.1.0.0 ⇒ 3.1.0.0c Update on Nero's website. I'd really like to try it out and see how the speed and quality of the encoding compares to PSP Video 9. If anyone figures it out and tries it, could ya please port here where ya got it from. I'm sure there's a way to get it off their FTP site or sumthin'.