I find this interesting, but two questions.
1. Would you be able to provide a downloadable working copy of the python source?
2. Picloud seems to be limited to 5GB files, most video files that one would transcode are larger than that. Is there a way around this?
2. Our cloud.files module does have a 5GB file size limit. However, you are free to store your data elsewhere (probably on EC2 for fast and free data transfer), and access it using PiCloud. For example, you could store the video files on your own CouchDB server running on EC2, and simply query the server in your code (using the python-couchdb module) for the video.