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Processing on almost all apps I use to render has dropped to 1/3 the previous rate since upgrading to MCP 1.01. [Cucusoft, TMPGenc, VDub...]
Without going into all details, has anyone else experienced this?
Otherwise I will go through all the obvious fixes...
First, try the latest beta of MCP.
Second, it might be one of the filters (like MatrixMixer) that screws things up. Try to install MCP without it.
Third, get a tool called "GraphEdit". Load a file into this and it will show you a graph of all codecs/filters that are used. That might help to find the problem.