2015-08-25, 08:57 (This post was last modified: 2015-08-25, 08:58 by fritsch.)
Yes - you can. Why not just trying it? :-) Codec does not matter at all - only the dimensions matter and this also only cause of the "Use HQ Scaling when scaling above 20%" setting.
First decide what functions / features you expect from a system. Then decide for the hardware. Don't waste your money on crap.