HUGE difference, I tested h.264 HD 1080p 29.97 (used this preset but as YouTube 29.97 from the RAW footage and it was crazy 10 hour render times) was going to take about 10-15 minutes to render out a 1,715mb file. Tried with MPEG2 Blu-ray, same thing...about 10-15 minutes to render another 1700mb file. I haven't tried any other formats, but this is enough to make me think that the raw .mov footage is either bad and has some issues, or that Premiere just doesn't handle MOV files well.

Grabbed a screenshot, even the CPU's are finally running at full potential. There is just something weird about MOV files, it's got to be lol.

Thanks again for the help.