Quote - If you have time to render in thsi resolution, go for it!
The frames... basic: 24 for movies and 30 for video (look for standard Pal or Ntsc format)
Output: ALWAYS any bitmap format, so if your render crahs you can go from where it stopped. If you want to do a post edit like add some effects go for PSD files or TGA, almost all video editor like them.
I want to see your work at CL  too!!

I was told rendering at 60FPS than using a tool to convert to 30FPS would give it a smooth look, it kind of looks crazy to render that many extra frames than to throw them away.

Ok so when I render the bitmaps do I leave it to default 72 DPI?? does it matter if the end result is video?

I havent quite thought about adding any post effects via photoshop with batch processing.. maybe I can ad motion blur or something?

Oh and what is CL that you are referring to?