Rehan,
You are reading into too much information as you said…..
Based on the specs you where given, you simply need to render
your footage in “MPEG-2..DVD NTSC” format.
But first make sure your video is clean and clear…and you do
this by making sure everything is nicely color corrected and
color graded…those are the specs you can read upon right now.
(Dont bother complicating the issue with HD and film like look,
those are issue of a different level).
Steve Rhoden
Creative Director
TNX EFFECTS STUDIOS.
sample bits at
http://www.youtube.com/hentys