I'm working on a video streaming application in Flash and I've been told I need to add quality selection tools. The requirements are "low", "medium" and "high" quality. I'm trying to figure out what kinds of quality settings to actually apply for this (framerate and video quality settings). I feel like there has to be some kind of standard for this, as I see controls like this fairly often, but I haven't been able to find any reference online for it.
Does anyone know of any standard settings for "low", "medium" and "high" qualities for a live streaming video from a webcam? Or even a good reference as a starting point to coming up with my own values?