I do not see the encryption being much overhead since it would be done by the chipset in hardware. After all it has to decrypt anything you watch, the disk is always encrypted.
I think you are wrong about that. The ASIC definitely
does have hardware decryption and decompression; no doubt about that. But we don't know if the hardware has
encryption capabilities as well. I'm pretty sure that the VIP series does the EHD encryption in software running on a modestly-powered general-purpose processor, just because they were designed and built long before there was an EHD, and also because the transfer to EHD is as slow as it is. Since the transfer to EHD is still pretty darn slow on a Hopper 1, I think it likely that the Hopper is likewise doing this encryption in a general purpose microprocessor.
Also, the program data stream on satellite is (except for HBO) laid down on disk as is; it is not encrypted. We know this because we can rip programs off the EHD of earlier Dish receivers. IF this is all of a sudden 100 encrypted on the internal disk of the Hopper, then I stand corrected.