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Downloaded and installed new v2.2.1.55 of the Video-to-iPhone Converter yesterday.  First use revealed that it runs MUCH slower than the previous version.  I have uninstalled v2.2.1.55 and reverted to v2.1.3.51 with vastly better results.

Not sure what was changed, but the old version works much better, at least on my system.

Hi,
Conversion speed really became slower as now the program uses presets with codec h264 (previously it had only mpeg4). Slow speed is compensated by higher quality, hopefully you will appreciate it.

Is anything in the works to try to boost the speed  on the H264 converter?

no, it's impossible. But I must say the conversion process is quicker on higher-performance computers.