Rick - I'll check tonight. But, smart rendering definitely works now with hdpvr 1212 videos. It didn't work before and I had complained to pegasys and even sent them sample files at their request. I got a thanks, but didn't hear back since. I bought the software anyway because otherwise it's so impressive... got the latest version and was surprised that hdpvr's now can SR.
I tried lots of hdpvr videos last night... combinations of cbr, vbr, aac, ac3, different rates, 720p, 1080i, ts, m2ts, and mp4. They could all be set as master. And like vids would smart render. When I mastered a 1080i, the orher 1080i's would SR. And, likewise for the 720p's.
I'm using the latest TME... I had installed the CD and then did the upgrade. So, a typical up to date install.
If you'd like, you can send me some vids and I'll check. If they can SR, then the problem isn't wirh your HDPVR 1212 setup. If they can't, then it is. There are some free services that let you email large files... wetransfer.com does it. pm me and I can give you my email.