So than, here it goes:
I tend to compress everything with XviD. It's a free alternative to DivX. You can download the codec from
here . I'm using Koepi's Stable.
Than the steps:
1. Go to Project/Project setting/Video
2. Set the Compressor to XviD MPEG-4 Codec
3. Click configure
4. Select 2 Pass - 1st pass as Encoding mode
5. File/Export timeline/Movie and save as final_movie_pass1.avi
(At this stage you won't create a final movie. The 1st pass is to analyze the video and create a stats file about the compressibility of the video)
6. Go to Project/Project setting/Video
7. Click Configure
8. Select 2 Pass - 2nd pass Int. as Encoding mode
9. Set the Desired size as you wish. (This is only the video part of the final file. The audio comes on top of this. If you give ~4 MBytes/minute than the final video quality shold be still excellent.)
10. File/Export timeline/Movie and save as final_movie.avi
Now sit back and relax... And enjoy...
Any questions, problems -> just shoot...