Is there a way to know how large your resulting file size will be before your video is finished encoding?
BTW: I am using Microsoft Expression Encoder.
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Yes there is. To bring up the tool that is built into Expression, go to Window and click on "Summary" to check it.
You can also estimate it yourself using one of the formulae you can read about here: http://forum.videohelp.com/threads/299571-How-to-calculate-size-of-video-file-after-encoding