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(a). Adding a GPU-based encoder, specifically NVENC, configurable with presets and the global GPU selection option, and;
(b). Most importantly, a GPU-based filter, such as scale_cuda, scale_npp, and yadif_cuda (targeting NVIDIA-based systems) would greatly eliminate the single largest performance bottleneck. CPU-bound scaling and deinterlacing is expensive, consuming precious CPU cycles that eventually lower transcode density per target host.
A good primer on what's possible with this addition can be found here.