Yeah, sorry... And if I edit that now, I get ANOTHER danged version of the files floating around!

(No worries, I did make the edit!

I have actually run this script on both a 202T and a 304T with few problems. And it does run fairly fast, given the limitations on both of those devices. One thing you can do with the i7 is to map a drive to the media on the NAS you want to convert, edit the run-TV.sh to reflect the mapped path/drive and run it across the network. If you are doing it at night, should run pretty seamless. Just make sure when you do this you have permissions to write the file back or the script will fail.
Let me know if you have any questions or problems setting it up.
Also, for those that WANT MKV's there is a script on the Plex forums for converting everything to MKV. Not sure why anyone would want to do this, but, if you do....
