There are two unkowns here.
1>What is “acceptable”? This depends on the use and audience of the disc.
2>What type of content? If it is a talking head, the same compression settings will result in a smaller file size than if the content is fast action.
For instance, on my Vegas and DVDA instructional videos, about 75% of them are screen shots which have very little change from frame to frame. For that material, I have no problem getting over two and a half hours onto one, single layer, DVD.
Gary Kleiner
Learn Vegas and DVD Architect
http://www.VegasTrainingAndTools.com