Hauppauge wintv dvb-s as mpeg-encoder?

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hi folks,
is it possible to use the wintv dvb-s as a hardware mpeg(1/2?)-encoder
and or Editor for other sources than SAT, e.g. reencode mpeg2-files?
 
btw. i got a match connecting a heterogene workgroup(win9x, winNT, win2k,
and linux) to  the internet via satellite and isdn, allowing proxy-auth,
client/server-based connect/disconnect, multiple connections, billing
system, firewalling, and security for offline-users.
feel free to mail me personally, because it could get out of topic, if
you want to know more!
 
CU,
        xcuse