This will take a few minutes depending on the length of the video clip. Over all shorter clips will work better, mainly because they will be faster and you are not able to select a specific section of the clip that you want to export. It will export the file as a full sized MPEG video file, though it will still probably be smaller then it was during the original log and capture process. If you want to bring it back into your editing software you can just import it as you would with any video file. If you are going to upload it onto a distribution website then you will likely have to compress it again. Though it is a full sized video it will have reduced resolution because it was compressed from its original export. Either way it now can be used for a variety of purposes, including placement back onto a DVD.