400 MB for 2 minutes of video is almost DV quality, as in miniDV (camera), and that is a "low" quality.
The VLC report says "HDV 3", which I don't know personally, but I might give you some information nonetheless.
HDV is an HD recording format for DV tapes. It is recorded as an MPEG-2 stream on a DV cassette. But the stream is normally re-encoded during capture to something far less compressed than MPEG-2 to being properly editable.
So it might be, that you have got an HDV stream, using the MPEG-2 codec and for which you need the Quick Time MPEG-2 Playback Component, which can be bought online at Apple Online Store.
Contact the supplier of the video and let them tell you, what editing system, what codecs and settings they used to encode that file.
PS: When you have no image before the conversion of a video, you will almost always never have an image after the conversion, as in order to do the conversion, the software doing the conversion must be able to read the video file and its contents, which is normally video + audio.
.mov and .swf are only containers and no indicators (in the case of having the appropriate software for playing .mov and .swf files in general), if you can read a file 100% or not. It's the codecs inside them, that determine the working of a file.