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#11
For such small file size with a full length film you are better off with x264 in .mp4 container. Check out Quick AVI Creator
The name is unfortunate as it tends to obscure the fact the encoder outputs .mkv and .mp4 in addition to .avi.
SPlayer also supports .mp4 in HD and SD resolutions on Windows7. If you search "portable" on the page in the link you can download the portable version.
Also this thread may give some insight when using Quick. The program is a bit unusual in the style of the GUI. But it's a front end using Python scripts. If you are willing to learn AviSynth basics such as resize filters etc.. then you can do quite a lot with it.
http://forum.videohelp.com/threads/2...ck-AVI-Creator
For info on AviSynth
http://avisynth.org/mediawiki/Main_Page
In your case, converting DVD video to .mp4 you shouldn't have to edit the .avs script. Just use it as is. You can still use MakeMKV as ripper. Just convert the .mkv to .mp4 using Quick.