Since most blue ray movies are only 5.1 audio & most 1080p bitrates hover at 2500-5000mb/s it doesn't take very long to single pass quality encode them @ 1080p @ AAC audio and have it be transparent. Comes out around 2gb. aslong as you keep the bitrate under 9m/s they stream lovely to 360's & ps3's.
Hate to beat a dead horse, but I still want proof of your "transparency," as I still call 100% bullshit on it.
A lot of blurays may "only" be 5.1 audio, but a lot have DTS-MA, DTS-HD, TrueHD, etc which are big fucking audio files. The 5.1 DTS-HD track from The Good, The Bad, The Ugly clocked in at around 5.5GB, and once I compressed it to FLAC it was still around 4.9GB.
The average video bitrate is 20mbps and up. Saying you're REcompressing h.264 video to 1/4th the original size at best with a single pass and keeping it "transparent" with a severely outdated build of x264.exe
AAC also sounds like garbage
Doug add Jorsher with whatever gamertag you're using now.