I've tried exporting using both "Convert during.." and "Convert after.." bounce options and it won't encode any higher than 32Kbps. I'm using the Single stream option and the DSL quality setting so I'd assume it would be 256Kbps, it's still 32Kbps if I use the Modem quality and most realplayer streams I've seen for modems are 24kbps. If it makes any difference at all, I'm using Protools LE 5.1.1, default DAE and Protools Memory allocation on a 300Mhz Beige G3 with 192Mb and Mac OS 9.1