Tool available to reduce filesize (VCD-MPEG to MPEG-anyway)?

[twoages2]

I like to reduce a given MPEG-file in VCD 352-288 format (it is now 45MB) substantly, so I can attach it to an e.mail. My provider accepts 4 MB.
Decreasing quality is no big problem.
Is there a tool that can do this? TMPGenc not seems to support such facility.

[offline]

twoages2,

You can reduce it using Divix (see left hand side "Convert" link)
but keep in mind that it will only be playable on a computer
and that computer has to have the appropriate codec loaded.

Using Tmpgenc u have to lower the bitrate and the resolution
under "settings". Try 120x90 at 143kbs. It will be postage stamp
sized tho.