updated it based on feedback from last week. the changes are : installer does more, progress bar fix, more logging to debug file, multiple profiles to downsample high res videos, stream and/or archive to file, directory setting for where to save encoded files, ability to start streaming in the middle of the video, and a configutation tool.
the article has also been updated with 2 new sections. the 'Version 2 Update' section goes into more detail about the changes listed above. and there is a 'Troubleshooting' section if you are having problems getting it to work. the 'Source' section has the new installation downloads. please post to the XBox MCE forum if you have questions.