Hmm ... looking at your settings here, you should be able to render the files fairly quick.
Now when you said your Vegas renders faster ... it's because it isn't doing layers of graphics and compositions. Its doing an overall render from what it sees of the top most layer.
My FCP will render way faster than the After Effects software ... because it's not thinking layers, its thinking what I see is what I render.
BTW: I found your place for multiprocessing on your Windows version:
Edit > Preferences > Memory & Multiprocessing
More info on optimizing your AE here:
CLICK ME
Here's a quote I found on multiprocessing:
Quote:
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With multiprocessing, AE crunches on different frames with multiple cores. Without multiprocessing, every available core works on a single frame until it’s finished.
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My favorite feature that they added to AE CS3 and has just gotten better for these last 2 revisions.
-Ray-