A friend of mine has studio 2.0. I went to her house with my firewire drive and tried to use it. First of all, it's a lot different than 1.5, but after some time I got the gist of it. I used DIVA to convert my 4.1 GB 90min movie to a 555.7MB Mov file! Thats a great program, excellent quality too! However, it cropped the image and stretched the frame.. I believe that's just a setting error on my behalf.
Anyway, I found that DVDSP2 doesnt recognize .m2v (which is all that 1.5 would recognize) but it did recognize the .mov file. So, im thinking this is great, I'll be able to fit the whole thing on the DVD since it's only 555 MB. Nope, it still said total space required was around 5.1 GB (larger than a single layer DVD-r).
Help?