Thanks you for your post. The client only asked for a video data rate of 9000 kpbs. It was his recommendation. I have to admit I don’t know what that means, and why that’s important.
The issue we have with this is that we are in the business of doing Video News Releases, shooting, editing and delivering a 5-10 minute video to news stations all over the country, and thus we have very little time to wait for conversions. Having said that, I realize that these things take time. I am just simply looking for the fastest and best way to shoot the video on P2, edit in FCP (I chose to edit in a Standard Def DV timeline to minimize the size, Compressor seems to take too long. We then compress the video so that it is still broadcast quality 720 x 486(I totally get your point on what is exactly “broadcast Quality” I agree), and a file size that won’t take hrs to upload, or force us to spend ungodly $$ on an FTP that can handle the sizes. We really need these 5-10 minute videos be in the ballpark of 500mb and smaller.