Yes it does. I am using hw acceleration. This is using mac hardware so not all options are available,
but the ones I have tried do not make significant difference.
Are you sure you are using the h264_videotoolbox options? I mean, you might be, but that, for me, seems to be the problem. Ffmpeg is quite fast if you can invoke the hardware encoders.
Yes I am using videotoolbox. I need to clarify that ffmpeg is not slow (it runs close to realtime bit under 20 fps) problem is that other tools reach 72 frames per second.