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It's all pretty intuitive - select the input file, and just with the default options you'll get something half reasonable i'm sure :) i tend to up the audio bitrate a good chunk, but i'm a quality nut :)
for betaplayer, if you open up the advanced tab in pocket divx encoder and check the xvid and b-frames boxes you'll get better quality for a given bitrate.
ogm also gives better quality audio, but at the cost of slower encoding time apparently (i've not done extensive tests tbh on that front).
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