and not 120min either..
tried something different this time and got quite nice results.
movie: DOA - Dead or Alive
length: 83min
target: KVCDx3 mpeg-1 PAL 528x576
audio: 128kbit/stereo
edit: i also added permanent subtitles with ffdshow but they are not visible in that clip.
I encoded this with 2-pass VBR option (TMPGenc) because I haven't had success with any CQ prediction programs lately.
I also used ffdshow to enhance the picture a little.
Download 2min clip here
I'm pretty surprised how good quality it is.