# Combine the jpegs and encode them into mpeg format, at 500kbps 
jpeg2yuv -I t -L 1 -f 24 -b 1 -j foo%08d.jpg | yuvdenoise | mpeg2enc -B 35 -f 0 -q 5 -b 500 -a 1 -o foo.m1v

# Convert video stream from MPEG-1 video to AVI
ffmpeg -i foo.m1v foo.avi