Is capturing in Mpeg4 OK ?

[mrbingley]

I've been trying out different capture methods using VirtualDub and my TV card. One of the codecs I tried was Microsofts mpeg4 v 2, this seemed to produce a small file size without any discernable quality loss.
I then converted to a VCD type output using Tmpegenc, the quality still looked OK.
Is it alright to use this codec for capturing and then converting for VCD use ? or will it produce unwanted side effects that I haven't come across yet ?
Any pointers would be appreciated.
Cheers
Chris.

[kinneera]

Go with what works...

However, be aware that realtime MPEG4 is very processor intensive, substantially increasing the probability of frame drops. It is also a highly compressed format, which in reality is discarding more information than a majority of other codecs.

[SingSing]

I saw couple of video strips on the web.
They are from Sharp, and Hitachi, and Sony.
They have a lot of block noise. If your codec give a clean result,
is there encode bit rate that we can tune ?

[spidey]

Don't cap in Mpeg 4 if you want to VCD it though.