It's alright, $50 is fine for it, does a decent job for making 720x480 DVDs Procoder Express is a lot like a stripped down Procoder 2.x and mostly only does DV style encoding for DVD output.
Added bonus is file sizes can often end up lower than other encoders AND still be higher quality. Pretty close to realtime encoding, clean quality, nothing wrong. And I've used the Express one a couple times in the past, mostly just demos, betas and trials given to me for review purposes. I've had version 2.x for a little while now, on a second computer. I mainly use version 1.x, had it for several years now, no complaints.