WideShot said:There are specific templates in the drop down box when choosing wmv or mov for specific bitrates. 3mbps is going to give you great quality, but is your server up to it? Try the default templates and see if they work for you.
mrde50 said:The best source for compression is http://www.mainconcept.com/ I've used these products and they rock. Especially the H.264 encoder which defaults to 3M at 720x480 resolution.
Sample: I had a 74MB file, it took the file down to 7.6MB at full resolution with VERY LITTLE degradation of video. It's a bit pricey, but well worh it.