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okey, maby this will help you: -when you are 'done' with your video, click on the 'render as' button -go to MainConcept AVC/AAC (*.mp4;*.avc) -one click on the: internet HD 720p or internet HD 1020p -you have selected the 720p or 1020p -click on the 'Customize Template' button ---> variable bit rate - 'check' the two-pass and click on 'ok' --- then render the video--- hopefully this will help (and you can read this correctly)