I have a 3 year old gateway laptop. my ram is kinda low 512. 1.7 mhz. pentium cpu.

I don't know if my laptop speed has anything to do with it because the old version works just fine. and even the new version works fine except for the mobile option. THe latest version backs up my dvd's fast on full disc mode and main movie mode. I haven't tried the ipod converter using 264. i've always done the ipod/mpeg4 mode. I also tried it on iphone/itouch mode and it was still very very slow. i mean it reading at less than 5 Fps.
Hope this helps a bit.