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Smaller movie file size, almost same quality

I exported a couple of sessions on my MBP, but most of the files were around 2.5 Gigabites each. When I transformed them to MP4 with h.264 encoding in VisualHub, the files were smaller then 800Mb, and it only took around 15 minutes to transform. With almost no quality loss.

What kind of codecs are you using for the lower qualities?
 
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