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Saving videos with overlay from webcam using flash

This project received 4 bids from talented freelancers with an average bid price of $53 USD / hour.

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Employer working
Project Budget
min $50 USD / hour
Total Bids
4
Project Description

Problem that we need solution for is following :

We are recording webcam feed with alpha channel movie overlay, everything works great and we get flv video from flash, but ...
Since we would like users to upload the video to server, sizes that we get are 150MB for 20sec video using 640x480 resolution. This is too much for our needs.

Now we are looking for solution how to:
1. convert videos locally without installing anything on users computer or asking them to use any tools or do something outside of the browser
2. If that is not possible we are looking for any other suggestions on how to resolve this issue.

Please send us the a short description of your solution along with time needed to implement.

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