Advantages for H.264 over MPEG2?

Question

Hey guys, who know the advantages does the H.264 video encoding format have over MPEG2?

Thanks

Answer 1

Assuming one uses all the tools H.264 provides, the rule of thumb is

For the same quality, H.264 will give you a file half the size of an MPEG-2 file. Of course, it is all content dependent.