I can't find any max bitrate spec on the AppleTV infopage. But I remember ATV1 was max 5000kbps at 1280x720 at 23.97 fps. What I wonder is what max bitrate can I use for a 1280x720 at 25 fps movie? And if the 25 fps movie is 1280 width, but less than 720 height? I use mkvtools to convert, and I prefer the output to be ATV1 compatible.