Originally posted by ChimpMaster
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A 700mb torrent generally isn't full HD (usually it's closer to SD) and they tend to be even smaller vertically because they throw away the black bars at the top and bottom rather than encoding them. They also reduce the size of the audio, and recompress with much lower bit rates than the source material.
To make it smaller you can:
a) reduce resolution. 1080p is 5 times the size of SD (720x576) and 720p about 2.2 times the size of SD so all other things being equal reducing resolution will result in smaller files.
b) recompress with a lower bitrate. This will effect image quality, possibly more visibly than reducing resolution depending on how low you squeeze the bit rate. Your best bet is to test various options.
c) use a different codec. H.264 as (most likely) used in the original file needs about 1/2 the bitrate of MPEG2 for the same subjective quality, so recompressing to H.264 *ought* to give better results than compressing to MPEG2 given the same bitrate.
d) Recompress the audio. It is probably quite a high bit rate as it comes out of the camera e.g. 256 or 384kbps when 128 or 192 would do.
The other option is to buy a bigger hard disk. 1TB is less than £50 now.

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