this post was submitted on 20 Jun 2023
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MPEG2 is, by today's standards, horribly inefficient, so that is to be expected. Transcoding, in that case, will gain a lot more. But if your mp4 files still compress significantly with a standard lossless compression algorithm, something is wrong with your encoder settings. Even xz, which, even at the default Level 6 is often better than zstd at 19, will generally do less than 1%, typically 0.2%, even at level 9 (the highest).
To be honest, that percentage was after deduping everything, so it could be due to dups being deduped. The first one (the MPEG2 one) was before deduping, so that should be valid.
zstd can go up to 15 on BTRFS, not higher.