Now you can select from a series of options. You can control the quality of the audio and video of your new file with the sliders. The size of the file resulting from your choices will be displayed at the bottom of the window (this is not always 100% accurate, though. My conversion was predicted to be 44MB, but ended up being 87MB).
There are other options you can set, such as automatically adding the file to iTunes after conversion and where the file is saved, by clicking the “Options” tab at the top of the window.
Click the "next" or “convert” button, depending on which direction you chose.
