I don't mess about with any settings. I just leave ripbot264 to do it's thing.
edit//
Got this info from MediaInfo.
General
Format : Matroska
File size : 8.28 GiB
Duration : 2h 41mn
Overall bit rate : 7 336 Kbps
Movie name : 00002
Encoded date : UTC 2010-09-28 01:40:03
Writing application : mkvmerge v4.1.1 ('Bouncin' Back') built on Jul 3 2010 22:54:08
Writing library : libebml v1.0.0 + libmatroska v1.0.0
Video
ID : 1
Format : AVC
Format/Info : Advanced Video Codec
Format profile :
[email protected]
Format settings, CABAC : Yes
Format settings, ReFrames : 3 frames
Format settings, GOP : M=4, N=30
Muxing mode : Container profile=
[email protected]
Codec ID : V_MPEG4/ISO/AVC
Duration : 2h 41mn
Bit rate mode : Variable
Bit rate : 6 550 Kbps
Maximum bit rate : 25.0 Mbps
Width : 1 920 pixels
Height : 1 080 pixels
Display aspect ratio : 16:9
Frame rate : 23.976 fps
Color space : YUV
Chroma subsampling : 4:2:0
Bit depth : 8 bits
Scan type : Progressive
Bits/(Pixel*Frame) : 0.132
Stream size : 7.40 GiB (89%)
Writing library : x264 core 104 r1683 62997d6
Encoding settings : cabac=1 / ref=3 / deblock=1:0:0 / analyse=0x3:0x133 / me=umh / subme=7 / psy=1 / psy_rd=1.00:0.00 / mixed_ref=1 / me_range=16 / chroma_me=1 / trellis=1 / 8x8dct=1 / cqm=0 / deadzone=21,11 / fast_pskip=1 / chroma_qp_offset=-2 / threads=4 / sliced_threads=0 / nr=0 / decimate=1 / interlaced=0 / constrained_intra=0 / bframes=3 / b_pyramid=0 / b_adapt=1 / b_bias=0 / direct=1 / weightb=1 / open_gop=0 / weightp=2 / keyint=240 / keyint_min=24 / scenecut=40 / intra_refresh=0 / rc_lookahead=40 / rc=crf / mbtree=1 / crf=22.0 / qcomp=0.60 / qpmin=10 / qpmax=51 / qpstep=4 / vbv_maxrate=25000 / vbv_bufsize=25000 / crf_max=0.0 / ip_ratio=1.40 / aq=1:1.00 / nal_hrd=vbr
Audio
ID : 2
Format : AC-3
Format/Info : Audio Coding 3
Mode extension : CM (complete main)
Codec ID : A_AC3
Duration : 2h 41mn
Bit rate mode : Constant
Bit rate : 640 Kbps
Channel(s) : 6 channels
Channel positions : Front: L C R, Side: L R, LFE
Sampling rate : 48.0 KHz
Bit depth : 16 bits
Stream size : 740 MiB (9%)
Language : English