This KB article applies to those who:
1. wish to compress their large RealVideo files to WMV files that can fit into one CD
2. wish to convert their RealVideo files to WMV so they can have only Windows Media Player 9 installed in their main operating system
Since Real does not have open DirectShow filters, you are forced to use Real Alternative.
RealAlternative
DVD2WMV Tools
Windows Media Encoder
WM9 Bitrate Calculator
Once Real Alternative is installed, rendering the RM file in GraphEdit should display a similar graph
To convert the RM file please follow the necessary steps in DivX to WMV guide treating RM as DivX.