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Originally Posted by DjDiabolik
I thinks if i set this to "Fast" or "Very Fast" i thinks i can obtain a more speed encoding but i can obtain less quality right?
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Yes, there is a tradeoff between encoding speed and quality. Only you can decide how to make that tradeoff, based on your needs and goals.
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but MeGUI doesn't not support the MPEG-PS in output but only MKV or Mp4, i thinks MeGUI doesn't not support the AVI output files or not if i want, for example, to use the xvid encoding instead of x264 right (but i thinks in this case i can load the avs directly on virtualdubmod and choose the encoding setting) ?
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MEGUI certainly does support XVID encoding! If you require PS output then you can encode the elementary streams and then mux them with an external PS muxer.
Good luck over at the Italian Doom9 site!