just found
this , the only problem is if you aint got the program it means buying it , as if
right here we go , i have just made a .wmv file using windows mm2 , 10 seconds long captured from my webcam was 761k big , i used nero 6 to convert it into a vcd and it turned more than 4mb big

, so it will work but you are gonna run into serious size problems , i reckon you would need to split the source into 4 bits so it will fit on 700mb cd-r's , btw i played it through my dvd player fine , scary to see myself on the tv though

, oh and by the way you owe me a blank cd