Well Terry, as I stated in the other thread, I'm new to all of this (1 1/2mo.) but have learned a bit since joining and reading the threads. I don't fully understand the specifics of your formula (specifically the $400 offset) as my whole rig cost $485 and that's including case, power supply, RAM, GTX 570SE, Bluray burner, 128gb SSD + 3TB WD hdd..
Of that I paid $85 for the L5639 and got the Asus P6 X58D Premium board for free.
I downloaded the full 1920X1080 mp4 and converted to Android.. Correct?
HandBrake 0.9.9.5530 - 64bit Version
OS: Microsoft Windows NT 6.1.7601 Service Pack 1
CPU: Intel(R) Xeon(R) CPU L5639 @ 2.13GHz
Ram: 12279 MB, Screen: 1920x1080
Using cpu capabilities: MMX2 SSE2Fast SSSE3 SSE4.2
x264 [info]: profile Main, level 3.0
[12:02:36] reader: done. 1 scr changes
[12:02:37] work: average encoding speed for job is 175.766235 fps
Not the best score but a hell of a lot better than my old LGA 775 quad core.
I'm happy with it

BURPO
Buffer Under Run Police