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  1. picvideo mjpeg is your best bet for capture if you are stuck for disk space
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  2. With harddisk selling at 30GB for $49, maybe upgrade is easier than you think.
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  3. Use the DivX low motion codec or MS MPEG v2 -- you wouldnt want to set the bitrate any higher than 6000. 6000 is really excessive. take a look at this
    Dont try the fast motion codec (or MS MPEG4v3)-- the slider
    sets the maximum bitrate not the average (the average is locked at 300).
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