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Drop one MPG or two hundred. Batch conversion is not a paid feature here.
Video from a DVD rip, an old camcorder or a broadcast archive is an MPG file that phones will not play.
MPEG-1 or MPEG-2 video is re-encoded to H.264, typically cutting the file to a quarter of its size at the same visual quality, and the MP2 or AC-3 audio becomes AAC.
MPEG-2 from DVD sources is interlaced, and if you convert without deinterlacing, every frame with motion in it shows comb-shaped tearing on a progressive screen. That artefact is introduced by skipping a step, not by the codec.
Old broadcast video stored two half-resolution fields per frame. Deinterlacing recombines them into whole progressive frames for modern displays.
Commonly 60 to 75 percent, because H.264 is two codec generations ahead of MPEG-2.
Drop one MPG or two hundred. Batch conversion is not a paid feature here.
MPEG-4 Video is lossy, so the quality control decides the trade between size and fidelity.
Instant, because the file never went anywhere. Nothing expires, since nothing was stored.