Try using Share Create Video File—Custom
Choose WMV as the “save as type”.
Then choose “Options” button
Profile tab
Neptune Best Quality
Or
Ulead Neptune Best Quality:-
Windows Media Video
24 bits, 640 x 480, 30 fps
Frame-based
44.100 KHz, 16 bits, Stereo
Neptune_BestQuality
But view the other options.
You may be best creating your own template from the make Movie Templates Manager
I joined the forum today to ask the very same question.
I've been using Ulead VS 9 for 5 years and I downloaded VSPro X3 trial to see if I could create WMV 640x380 with it and this reply led me to the solution. Possibly I could do the same thing with VS 9 but I think I'll buy VS Pro X3. The online price right now is well discounted.
Thank you, Trevor for the solution and thank you terrylb for posting the question.