Ok, I guess that's what I'll do. Yeah, apparently it does MPEG2 on the fly. Unfortunately, I have to figure out the right settings ie quality level 1-5 and CBR or VBR settings to get the video that *was* 3.85 GB and has only been color corrected and contrasted with NO SOUND, that is now 5.1 GB and won't allow me to record (obviously).