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What's the ideal file size for a 2 min video?

Last Modified: 2012-05-09
For video 583x328px, what's the best file size I can shot for for a two minute video that will still render high-quality. What's the best format for compression? Ideally, I would like to use flash so that I'm using one video format for the entire website i'm working on - already have a couple of very short flash presentations posted. Are there instructions that someone could suggest for getting excellent compression results with flash.

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