Gary- I would hold onto that HD7870 if I were you. It offers much more hardware rendering options in terms of faster video hardware encoding- See this thread here for a break down: http://forum.cyberlink.com/forum/posts/list/29236.page
As for your Intel chip- you have the current latest "K" series 4770 which is unlocked. Which means it can be tweaked and over clocked. With some mild overclocking it can get even faster and still be stable with not much extra heat generation.
I started another thread here to discuss CPU cores so as not to pull this one off topic: http://forum.cyberlink.com/forum/posts/list/0/32454.page#176212
Rob
PD 14 Ultimate Suite / Win10 Pro x64
1. Gigabyte Brix PRO / i7-4770R Intel Iris Pro 5200 / 16 GB / 1 TB SSD
2. Lenovo X230T / 8GB / Intel HD4000 + ViDock 4 Plus & ASUS Nvidia 660 Ti / Link: https://www.youtube.com/watch?v=ZIZw3GPwKMo&feature=youtu.be