3. I tried to convert using the latest VLC video player. After I set the parameters, I clicked convert. Then the software completely crashed. I tried ones more, with the same result.
4. As a last try, I downloaded the XMedia Recode software.
And after I learnt the software a little bit, I was able to convert my video.
I tried with different setups, but I didn't see the really big difference with the video compressed 1/10 of the highest quality settings...
I set the bitrate of the audio channel to 192 kb/s, but I have no feeling with the video channel.
I am wondering what are the optimal settings (compression level without observable quality loss) based on your experience.
Best,
Samat