Nice one !
So far all remuxed files I tried stream nicely to the iPhone 4 using the "Air Video"-App.
10x faster then using conversion (or re-encoding) and no strain on CPU (greetings from my Laptop).
Only thing missing would be a remote control app for the Iphone...
Using Remote Desktop Apps to initiate the re-muxing is quite a challenge for people with full sized hands&fingers like me