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Yes, I hade Shrek 2 in a lower resolution and it's ok quality, a total of about 40MB. But I like the crisp with full resolution :o)
Die Hard 2 took about 350MB. But I used Super to create 3GP movies, maybe I should try MPEG4. These days I play with my new Mac, so maybe later. I haven't had a Mac since I was 11 years old...
Try with the settings I suggested (192 kbps if you have a qvga screen) and you will see it will be good quality.
Thank you! Have a great day!