Better late than never I guess. Try this one beachbumm. It seems to work well and the conversion speed is >80 fps on my PC. You will see several screen size choices around that of the Delve. I wrote this profile as a Device, so you can access it from the navigation pane directly without clicking on cellphone first, then selecting it from the dropdown, but you will need to install it using the Customize UI->DVD to Mobile page in Common Settings. There is an example of how to do this in the tutorial if you need it (example is for AppleTV but the steps are the same). You can get to the tutorial from the red link in my sig. Let me know how this works, can be tweaked if necessary. Movies with 2.35:1 aspect ratios will convert at 400x176, 1.88:1 will be closer to the native 1.67:1 ratio of the phone. You can experiment with the Resize slider if necessary to fill the screen on the Advanced Resolutions Settings page; select "supported by device" and choose a 1.6667:1 size. Don't forget to change the file suffix from .txt to .xml after downloading. It makes H264+AAC .MP4 files.
Delve.MP4.aac.txt (900 Bytes)