Which is better in video quality for output to Apple's latest apple tv ? I streamed both to ATV2 and they both played well. I think the Photo JPEG version was brighter. I only tried this experiment with a Transformers Prime master video then transcoded to each of the 2 codecs.
Photo JPEG has a lower processor demand. H.264 looks just as good and produces a smaller file for the apple TV- and since it all streams, it's not stored there (but the graphics card on the ATV2 is optimized for h.264 footage. So, I'd go with the h.264 (and try and figure out your luma shift problems.)
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