How do you set VLC custom options???

[Paradox]

Think i may need an idiots guide for this basically want settings samplerate=48000,threads=4,channels=2,ab=192,vb=2500,keyint=16,acodec=ac3,vcodec=mp4v,width=1283,height=720

Ive tried entering them in various ways into the VLC Custom Options Dialog but no matter what i try VLC still just uses the standard settings. Im more than likely doing something stupidly wrong.

Can any VLC expert out there help.

The latest attempt results in it breaking playback entirely (IE attempts to load the video and them just stops, nothing plays)

The key line is....

Starting "C:\Program Files\VideoLAN\VLC\vlc.exe" -I dummy --no-ffmpeg-hw --dummy-quiet http://videos.revision3.com/revision3/w ... 0.h264.mp4 --audio-language=eng,fre,jpn,ger,und --sub-track=214748361 --sout #transcode{scale=1.0,strict-rc,samplerate=48000,threads=4,soverlay,channels=2,ab=192,vb=4096,keyint=16,acodec=mp2a,vcodec=mp2v}:standard{access=file,mux=ps,dst='\\\\.\pipe\VLC1387383539390.ps'} vlc://quit --no-ffmpeg-hw --sout {samplerate=48000,threads=4,channels=2,ab=192,vb=2500,keyint=16,acodec=ac3,vcodec=mp4v,width=1283,height=720}:standard{access=file,mux=ps}

Which obviously shows its still trying to apply the default settings first and then tries to apply mine. How do you stop that behaviour???
Log file attached