Compressing Fraps Videos

Trilient

Trilient

YTtalk Mad
I've had some trouble compressing my videos to make them smaller, uploading them to youtube takes like 3-5 hours or longer, I use sony vegas pro to edit and import the raw AVI files fraps records in to vegas. When it's rendered, it's still a bit smaller than all the individual files, but I've seen people say they're 720p gameplay recording is only 100-200 MBs, and mines still in the gigs.

What should I use to compress my videos? Or what should I do in vegas to make the rendered video smaller?

(Last time I rendered a video I had to do it overnight, took about 8 hours to finish. I'm hoping smaller files will decrease the rendering time?)
 
Check out this video! :) This will render your file in 720p high definition for youtube and the completed rendered file doesn't have more than 2-300mb and it takes about 1-2 hours to render a 10 minute video in 720p.
 
when i compress my files i use windows live movie maker and compress to 1080p settings this normally makes the file sizes around 200mb to 800mb depending on the video size i then use a program called handbrake to compress them further down to .mp4 formats which normally range between 70mb to 150mb the quality holds well so my videos still look of high quality
 
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