The reviews so far demonstrate the improvement over GTX10xx NVENC video quality. The following is from Nvidia:
Turing GPUs also ship with an enhanced NVENC encoder unit that adds support for H.265 (HEVC) 8K encode at 30 fps. The new NVENC encoder provides up to 25% bitrate savings for HEVC and up to 15% bitrate savings for H.264. Turing’s new NVDEC decoder has also been updated to support decoding of HEVC YUV444 10/12b HDR at 30 fps, H.264 8K, and VP9 10/12b HDR. Turing improves encoding quality compared to prior generation Pascal GPUs and compared to software encoders.
Figure 13 shows that on common Twitch and YouTube streaming settings, Turing’s video encoder exceeds the quality of the x264 software-based encoder using the fast encode settings, with dramatically lower CPU utilization. 4K streaming is too heavy a workload for encoding on typical CPU setups, but Turing’s encoder makes 4K streaming possible.
Open CL performance is also greatly improved, which as I understand is relevant to vegas due to GPU accelerated plugins only able to use open CL.