Yes. Theora is somewhere on the level of Xvid, a MPEG-4 ASP codec.Back to the original questions, though. Is h264 really far superior?
Upload the files, then I'll point out the differences for you. I've encoded a lot of video, and I ran lots of tests with Theora too.I do not notice a difference between those two files.
Yes, 20% reduction is a huge difference, especially when you are trying to put a feature film on a single CD. With x264 you can do that in DVD resolution (704x480).One, the h264, is 4/5 the size, but does that make a huge difference?
You'll get similar results with any other file as well.Is the comparison fair? Do results on a single file matter at all?