Hey DJ,
Sounds like it will do the job nicely - don't think we've ever had any problems with our first generation Pioneer BD-R drive at work, except it didn't do Dual Layer BD... or CDs!!
Have you been following the Doom9 discussion about x264 for BD - I've been doing some tests with Interlaced footage which I think I was getting somewhere with - hopefully I'll get a chance to try with progressive footage this week.
Just trying to sort out a SATA controller card for a couple of 500Gb hard drives, then hopefully I can kick off with my version.
Have you looked at MultiAVCHD author - looks like it does basic blu-ray authoring as well.
http://forum.doom9.org/showthread.php?t=143744
DVD-BOY