How does the 265k igpu stack up in todays demands?

I'm currently running a server with a 13700 and a RTX 4070ti super. Considering selling the RTX and upgrading the rest of the system. Don't get me wrong the 13700 has been fantastic and is a great CPU that's done everything I've asked of it and I've never once yet felt I needed more. The real part of it just comes down to having one less component, a RTX 4070ti and the more PCIE lanes of the newer GEN. I currently run 24 drives on two backplanes with two data cables each but I could step up to a larger LSI card and put the full 3 data cables to each. Doubt I'd notice much there but anyway.

Just wondering how the iGPU does with 4k HEVC transcodes to 1080p in HEVC? I travel for a living so I'm always transcoding content just to pull a few movies or shows to my macbook or ipad before a flight or something. They can handle the files fine but the large file sizes have me always transcoding down for when on the road. How good is the 265k at transcoding 4k HDR HEVC to 1080p HEVC? How many streams can it handle at once? It's great to have a card that can do 15+ streams but honestly I don't need that many. What I like about it is the FPS at which it can do it though. Makes the downloads much quicker.