Apparently this is for the web, right? (Because you mentioned a podcast.)
Have you tried Premiere Elements' podcast setting?
Otherwise, how about a web quality 320x240 WMV or MOV?
Yup Steve, for the web.
I have tried everything twice by now, and can't seem to get it to produce a m1v file again............
You know what? Think I just figured it out.
I did a search of files with my working file name after creating an mpg (which is all I seem to be able to get, even with VCD settings. Anyway, I picked up the m1v file from who knows what directory. It MAY be that the m1v file is created by PRE8 in the process of creating the mpg, and left in one of its working directories, for re-use later. PRE8 probably never intended that to be used, because it's a video-only WORKING file...Make sense?
It's hard to believe, a working video file for a 800meg mpg is 99meg. and looks pretty good. Add audio and it balloons to 800 meg? Makes no sense.
The best I can do is around 500 meg for a mpeg, and in generating a mp4, PRE8 does not change the predicted file size when you change the frame rate and hardly at all with the resolution. In mpeg 1 there is a big difference, as expected.
Unfortunately cant use flash either.
It would be nice if there was a chart someplace that gave you file size comparrisons for the various encoders and options!
The challenge is that many codecs are variable -- so, for instance, a 320x240 WMV file could be 10 megs or 100 megs, depending on what bitstream level you're using and what quality level it's set at.