First, I want to say that this software is what I was looking for. For a long time I tried to find something to stream from my Mac to PS3 WITH SUBTITLES without reencoding. That's great.
Well, I have a big library of .MOV container files in iTunes with my movies and TV Shows. These .MOV are containers pointing to .AVI and .SRT in another folder. It's in iTunes just to be organized.
When I try to play them in PS3, the MEnconder crashes and quit... If I try to play directly the .AVI file with subtitles, it works fine.