1. Having 2 copies of the video doesn't make sense, takes a lot of space, especially since the second one I'm re-encoding is of a lower resolution.
2. It takes a lot of time. Even if I had a dual 4 core processor (I think its called skulltrail), and I had a multithreaded encoder, I would still probably rather not.
It all boils down to time and convienience. I don't have something that manages all the reencoding for me (even if I did, it would be a lot of extra wasted space and energy). I would not have to wait for something to re-encode if I wanted to take it to go.
Lets hope it can scale down the resolution and not lose frames, somehow.
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