Hi ko-hey
I am afraid delay can not be achieved within 2 frames, in general
VPU latency encoding is about 3 frames but may be bigger depending
on used algorithm. For example one can check below links
http://en.wikipedia.org/wiki/H.264/MPEG-4_AVC#Levels
http://mewiki.project357.com/wiki/X264_Encoding_Suggestions#Encoder_latency
Best regards
igor
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