I see that if you use CoreAVC with AVISynth you can use Nvidia's CUDA to assist in the decoding of x264 content, which takes a large load off the CPU. Is there an ATI equivalent that one can use? I find that x264 content gives my Core2Duo 3.16 Ghz machine with 4 gigs RAM a run for its money (even with Mencoder MT enabled) with the odd spike to 100% CPU usage. It would be great if there was some way to use my Radeon 4870 to reduce the load on the CPU.
Any such feature / tool / software, or are there any plans to support it?