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Convert m2v NTSC to PAL using Compressor
I need to create a PAL version of an NTSC DVD originally created in DVDSP. The assets are all self-contained MOV files created in FCP. However, it will take too long to re-export the sequences as PAL files and then re-encode them for the PAL-DVD.
If I take the existing m2v files (NTSC) and put them in Compressor, and set output as PAL m2v, does this “re-encode” the file? And if so, will there be a noticeable loss in quality?
Is there a better way to handle this conversion?