Yeah, all good points, although sometimes one just needs to export a file or two (as opposed to setting up a publishing workflow or a system).

And Compressor for Final Cut Pro X or Adobe Media Encoder CC for Premiere Pro CC are effectively integrated (or some of the export code) for such a function - or are launched via the apps when you ‘Export’ or ‘Share’, although this can depend upon your CC plan or whether you have purchased/installed Compressor, or not.

The ‘crushing the HDR’ is a good point, I’ll have to look up how this codec handles DR and colour gamet :)