Yes, as I’ve mentioned already, I wasn’t implying anything about DVD resolution. Because I don’t work in DVD resolution, and the OP never mentioned DVD resolution. Nor did it mention high image quality, 2-pass VBR, or any of the other things everybody else seems to have inferred (probably correctly).
Fine, you can compress raw DV files down low resolution, 3 - 5 minute snippets of DivX in about an hour. But this is clearly not what the OP was asking for. The others gave their experiences with re-compressing movie length DivXs into lower quality DivXs with a time frame of a couple of hours minimum. You really have no right calling that absurd.