I am uploading the same Jazz 178 HD aerial video taken over my house that I ran through Any Video Converter before but was disappointed with the results. (I ran it through Any Video converter so I could edit it in Windows Moviemaker. WMM does not process H.264 codecs). The previous attempt resulted in unacceptable stuttering and choppiness.
This time I tried some different settings in the freeware Any Video Converter:
Size: 720 x 480
Bit rate: 2000
Frame rate: 29.97
Input file size to Any Video converter was 220 MB and output size was 108MB
Windows Moviemaker edited the file. I added titles and trimmed excess footage (start and end). Video was converted to WMM "high quality video" option. File size without music grew to 189 MB.
Laying down a soundtrack it grew to 192 MB. It took about 13 minutes to render it in WMM.