Screencast 1024x768, What is the recommended encoding?

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http://askubuntu.com – Using Ubuntu 10.04 Lucid, what is the recommended encoding for a screencast recorded at 1024x768? The tools I used were RecordItNow (KDE package that works great on Gnome) and OpenShot Video Editor. I had to convert the OGV to AVI using mencoder in order to have it load in OpenShot successfully. (HowTos)