I'd use the default settings. They'll work best with Premiere Elements.
Then, make sure your Premiere Elements project is set up for AVCHD 1440x1080 and that your audio settings match your video (stereo or 5.1).
Then, if you'd like to get the best possible quality on YouTube, use these specs.
What about setting the Recording Mode to a HIGHER resolution, will this be good or bad, does it matter?
1. MXP = 1920x1080 @ 24Mbps
2. FXP = 1920x1080 @ 17Mbps
3. XP+ = 1440x1080 @ 12 Mbps
What about setting the Frame Rate to PF30 because YouTube likes "non-interlaced" formats?
Does Digital image stabilization help or hurt the quality of the videos?
They're talking about your output.
MXP and FXP are your highest quality shoots, of coruse. Just make sure you set up your Premiere Elements project for AVCHD 1920x1080 and match the audio specs.
Then, once you're done, give the output specs I linked to a try and post it to YouTube. I think you'll be happy with the results.
Why is getting answers so difficult here?
Should I record in the camera at PF30 frame rate instead of 60i if my goal is YouTube distribution?
Is there any advantage of shooting in MXP = 1920x1080 @ 24Mbps over FXP = 1920x1080 @ 17Mbps if I ultimately want to only produce YouTube videos?
Is it better to use digital image satbilization or no stabilization at all for outdoor hand held video?
Digital Image Stabilization can be useful for static, hand-held shots, but can cause severe strobing, if you are panning.
A tripod is always best, but if you plan on having the camera stationary, and are shooting at, or near the telephoto range of the lens, then DIS is good. If you are panning, I would not use it.
BillFlorida, I'm not sure what you're not getting here. Have you tried any of the things we've suggested?
There are two settings you need to worry about. One is your PROJECT setting. That must match your original footage, as I've indicated. If it doesn't, you're going to get poor performance and video quality.
The second setting is your OUTPUT setting. That's the only setting YouTube is interested in. If you use the output settings I linked you to above -- working from a project that's been set up properly -- you will get excellent YouTube results.
Try it. You'll see.
You'll also see, if you experiment a bit, that there's virtually no difference in the quality of FXP and MXP -- especially if you're going to display your video online. The important thing is that your PROJECT settings match that 1920x1080 AVCHD footage and that you use the YouTube output settings recommended in the FAQs.
Try it. You will see.