Quality
Some AVI codecs have quality settings that might range
from 0% to 100% or they may control quality by manipulation of the bit rate.
MPEG movies have only two quality settings: Fast Encoding and Quality.
Bit Rate
Bit rate (or bitrate) is the average number of bits
transmitted within one second of video or audio. The higher the bitrate the
better quality.
MPEG-1 VCD requires a fixed (average) bitrate while
MPEG-2 requires a variable bitrate wherein a minimum and maximum bitrate are
selected.
Color Depth
The number of distinct colors that can be represented
by a piece of hardware or software is called color depth or bit depth
because it is directly related to the number of bits used for each pixel.
For example 8 bits ( 28) produces a color depth of 256 colors
while 24-bit video has a color depth of (224) or about 16.7
million colors and 32-bit about 4.3 billion colors. To produce smaller
movies the color depth can be reduced using a method called dithering which
groups the available colors into cells which simulate the original color.
Frame Rate
The number of frames displayed per second determines
the animation speed of your movie. The standard frame rate is determined by
the color television standards NTSC and PAL. You can change the speed of
motion (slow motion, fast motion) by varying the frame rate from the
standard.
Key Frame
Key frames have no reference to the previous or next
frame. Saving them too frequently can increase the file size because they
don't use similarities between frames for additional compression. Setting
them too far apart will slow down random access in the file and can result
in very long delays when moving forward or backward through the media file.
Aspect Ratio
MPEG-1 and MPEG-2 interpret this value differently.
MPEG-1, the ratio refers to the width and height
measured in pixels.
In MPEG-2, aspect ratio information refers to the
overall display aspect ratio (e.g. 4:3, 16:9).