If I upgrade to FCP5, chances of Compressor working?

Hello,
I really need to be able to use Compressor from FCP. Exporting Quicktimes and having DVDSP or Compressor encode from reference movies is taking FOREVER.
Having been through the knowledge base article on fixing the "cannot connect to background process", to no avail, and having tried every other thing I could find on the web, I am considering just buying the FCP 5/Compressor2 upgrade.
But is that likely to fix my problem? This mac is cursed!
Bob

that happens if you [use] the old presets from 1 in 2
No, that's not my particular problem. In fact, I think I was one of the very first on Apple discussions to report the problems with using old presets with Compressor 2. I reported that long before Apple posted their note about Compressor 1 presets not working with Compressor 2.
In the interim, every other report that I've seen has suggested that Compressor 2 is anywhere from 25% to 50% slower than Compressor 1. Of course, as with any other issue you're more likely to hear from people having problems than those having no problems.

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