Is anything faster than Handbrake for converting to smaller size?

I've done a google on the subject
And the general consensus seems to be: stay away from Handbrake - it's toooo slow
On one link, someone recommends freemaker (I think that's what it's called) - because it's much much faster

Anything else worth considering?

To clarify: I will be taking a h264 video MKV file, typically 720p and resizing down so I can play on my Android

Thanks


OM