Converting video to specific requirements

There are many video converters on mac but I 've not found something to suit my needs.

Videomonkey(buggy?), roadmovie, mpeg streamclip etc.

Sometimes we do not want just a beautiful interface but also get the job done the way we want it.

So this is what I want:

- specify the exact video format I want my video to be converted. Not just a selection 'for ipod, for apple tv' and so on. So what? Am I supposed to make several conversions in order to see what each so labeled options mean in reality? I try to export to .mp4 and this should be a straightforward process.

- most important: limit output filesize. Specify the desirable filesize and converter should output a file that has this filesize. If anyone has seen convertxtodvd in windows, he should understand what I mean.


I hope there are some applications in osx to help me do the above tasks easily.

 

I used visualhub.
It is a good application but it is discontinued. Also it does not have a limit size feature.

 

I tried handbrake. I gave a size limit, but the output file was much larger!