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We should be able to:
1. Select GPU (Ie, AMD, or NVidia, or ARC) for HW Encoder
2. Select Encoder type (ie H264, HEVC or AV1)
3. also set x264 software encode speed for higher quality compression at cost of CPU
There is a misconception here. File sizes across all codecs if the bitrate is the same will be the same size. For e.g. 10mbps bitrate for 1 minute file size would always be 75MB or so. The thing about modern codecs like AV1 is better compression. You can get same quality as a 50mbps h264 with only 25mbps av1.
AV1 has no licensing fee unlike H265.
12Mbps would look like 3-4Mbps on AV1.
Implement the feature or the option to change the codec in settings, like you allow for Remote Play("HVEC Video").
Actually remove "HVEC Video" from Remote Play and replace it w/AV1 while you're at it.