And since the performance plateau was reached @ -j7 in the test above, I tried with some heavier loads, too:
-8:
-j1: Average time = 23.259 seconds (3 rounds), Encoding speed = 464.85x
-j2: Average time = 12.256 seconds (3 rounds), Encoding speed = 882.18x
-j3: Average time = 8.570 seconds (3 rounds), Encoding speed = 1261.61x
-j4: Average time = 6.566 seconds (3 rounds), Encoding speed = 1646.66x
-j5: Average time = 5.374 seconds (3 rounds), Encoding speed = 2011.78x
-j6: Average time = 4.679 seconds (3 rounds), Encoding speed = 2310.59x
-j7: Average time = 4.207 seconds (3 rounds), Encoding speed = 2569.80x
-j8: Average time = 3.908 seconds (3 rounds), Encoding speed = 2766.87x
-j10: Average time = 3.732 seconds (3 rounds), Encoding speed = 2896.85x
-j12: Average time = 3.672 seconds (3 rounds), Encoding speed = 2944.44x
-j14: Average time = 3.657 seconds (3 rounds), Encoding speed = 2956.79x
-j16: Average time = 3.706 seconds (3 rounds), Encoding speed = 2917.17x
Performance peak here is -j10 .. -j12, so even when the CPU ran out of performance cores there is some benefit.
-8p:
-j1: Average time = 74.252 seconds (3 rounds), Encoding speed = 145.61x
-j2: Average time = 37.895 seconds (3 rounds), Encoding speed = 285.32x
-j3: Average time = 26.564 seconds (3 rounds), Encoding speed = 407.02x
-j4: Average time = 20.738 seconds (3 rounds), Encoding speed = 521.36x
-j5: Average time = 17.305 seconds (3 rounds), Encoding speed = 624.79x
-j6: Average time = 15.060 seconds (3 rounds), Encoding speed = 717.94x
-j7: Average time = 13.406 seconds (3 rounds), Encoding speed = 806.52x
-j8: Average time = 12.321 seconds (3 rounds), Encoding speed = 877.50x
-j10: Average time = 12.201 seconds (3 rounds), Encoding speed = 886.13x
-j12: Average time = 11.442 seconds (3 rounds), Encoding speed = 944.94x
-j14: Average time = 10.573 seconds (3 rounds), Encoding speed = 1022.64x
-j16: Average time = 9.777 seconds (3 rounds), Encoding speed = 1105.86x
-j18: Average time = 9.352 seconds (3 rounds), Encoding speed = 1156.12x
-j20: Average time = 8.942 seconds (3 rounds), Encoding speed = 1209.17x
-j22: Average time = 8.547 seconds (3 rounds), Encoding speed = 1264.96x
-j24: Average time = 8.219 seconds (3 rounds), Encoding speed = 1315.49x
-j26: Average time = 7.949 seconds (3 rounds), Encoding speed = 1360.17x
-j28: Average time = 7.850 seconds (3 rounds), Encoding speed = 1377.32x
-j30: Average time = 7.836 seconds (3 rounds), Encoding speed = 1379.73x
-j32: Average time = 7.791 seconds (3 rounds), Encoding speed = 1387.76x
-j34: Average time = 7.746 seconds (3 rounds), Encoding speed = 1395.82x
-j38: Average time = 7.819 seconds (3 rounds), Encoding speed = 1382.73x
-j42: Average time = 7.928 seconds (3 rounds), Encoding speed = 1363.72x
-j46: Average time = 7.963 seconds (3 rounds), Encoding speed = 1357.78x
Performance peak at -j32..-j34 here.