For clarity, I should have said that the screen display of final product, comparing output of low and high preview settings, looks to be at different resolutions.
As for file sizes for the 30" 720HD source test:: the preview high-res output is 6.36Mb vs. 5.25 for the low-resolution.
On closer scrutiny, rendering time increased with the preview high-res setting as well. About 17 for high and 13 for low.
So, without changing export settings, which were 320 X 240, it appears that preview settings do have an impact. Perhaps that's as it should be?.
NCH techs may elaborate.