maybe have a look through the archive. There is heaps of stuff on outputting and compression.
Yeah, you want it on best and full. Also make sure your interlacing matches up with your source and premiere settings. I think lower is the standard for DV, I’m using upper becuase that’s what my NLE prefers (not Premiere). Double check frame rate etc etc, then save it as a default.
I think what you need to do is check what compression you are using.
I use quicktime “animation codec”. It is lossless, and has smaller file size than uncompressed. I think you will find most people will agree. If however you are transporting the footage and need the files to be smaller maybe you can compress using something like DV.