guys, really really need your help

with the coming of the new year, i've planned to post some videos on youtube. on 1.1.08, i've recorded a video using my Sony Cybershot DSC-T200. The file is .mpg with a size of 126MB. During the recording, I've also recorded separate audio tracks (.wav format) with a size of 60MB each for guitar track & vocals.

i've also created the final video using the Windows Movie Maker and the result is a 126MB video in .wmv format, running approximately 6 mins. when i tried to upload the video in youtube, i was prompted that the file should not be more than 100MB and not more than 10 mins. so, i use WMM again and compressed the file size to 97.3MB, also in .wmv format. when i tried to upload again, it seemed that its taking ages to do so. so, i checked at the youtube's help centre, and found out this:

We recommend the following settings:

* MPEG4 (Divx, Xvid) format
* 640x480 resolution (* most updated recommendation)
* MP3 audio
* 30 frames per second

Resizing your video to these specifications before uploading will help your videos look better on YouTube.

to comply those, what software do i need to use:

1) to convert the .wmv format to MPEG4 with those resolution & 30 fps?
2) to convert the .wav format to MP3?
3) any other simpler way to do so?

thanking u guys in advance for your professional advice. happy new year!!

thanks for the prompt reply! anyway, i've found the converter from wav to mp3, the Xilisoft mp3 wav converter. works fine!

anyway, i've downloaded tha virtualdub. all i can see is there's only one option of saving it into .avi format. what i want is conerting the .wav into mpeg4 as recommended by youtube. how can i do this with virtualdub? sorry, total video noob here....

ouch, thats some deep sh*t man! i don't think i'm able to do that. well, i'll try my best to tweak whatever necessary with the resources that i have. unless somebody is willing to lend me a hand in doing so .

thanks bro!

thanks man... anyway, here's the uploaded video:

http://www.youtube.com/watch?v=pzE_1-JwCtk

i'm not quite satisfied with the audio quality as the youtube's (not mine) conversion, compression & whatnot sucked my vocals quality
kindly give ur comments on the video & support a small-timer like me