OT: Using kino on fc5; convert dv to mpeg2

[James Pifer]

I've been googling and haven't come up with much. I have some DV tapes I
want to capture and convert to MPEG2. I can capture the video using
kino, which creates a 15+ GB file for a 60 min tape. Using kino to
export this to MPEG2 is taking a long time. Been going 25 minutes and
there's an estimated 6 hours to go! Machine is a Celeron 2.66 Ghz. 

Is there a better way? Is there anything that can capture right to
MPEG2?

Thanks,
James