In Compressor, I start with 90 minutes Best Quality.
This is the best I could customize:
MPEG-2
Mode: 2-pass VBR Best
Average Bit Rate: 7.7 – I bumped this up but it seems to not be able to go higher.
Maximum Bit Rate: 9.0
Motion Estimation: Best
Allows up to 67 minutes
Can I customize even better for a short movie?
iMac 2.8 GHz Intel Core i7, 8 GB
OS 10.6.8
Final Cut Pro 7.0