Thank you for your reply, it did explain some things. For example due to the native size of the video I am woking with I am creating as 4:3, not 16:9 so maybe that is why I don't see other saving options. I bought today, direct from Roxio on an upgrade page: I will attach the computer specs and if you have any other suggestions to add feel free.
I guess that I had also expected a spiffed up user interface after two years, but it looks identical. So with the same UI, same apparent speed, same options, I'm really not sure at this point what I got that I didn't already have. Probably should have saved the $69 and/or done a little more research before buying.