FCE export settings

I always choose the following:

File type: MP4
Compression: H 2.64
Resolution: 1280x720 / 1920x1080
Bitrate: 5000 - 8000
Audio bitrate: 320 kpb/s
Encoding quality: Best (multi pass)

I guess your 24 min film will end up at arround 1.5 GB with a bitrate of 7000. Lowering the bitrate will give you a smaller filesize. Many blu-ray rips you can find online of movies are under 2000 to get the filesize down and they still look decent.

Good luck.
 
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