I second CRF 10. That's just way overkill for any encodings, so you won't see any difference between that and lossless. Well, you most likely won't anyway. It cuts down on the size by a lot.
Btw, is there a non-vfw version of x264 that works with that application?
Btw, is there a non-vfw version of x264 that works with that application?