Yes, this does appear to be a duplicate. Thanks for pointing that out.
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https://bugs.launchpad.net/bugs/696129
Title:
libx264 renders poorly in kdenlive on 64bit 10.10
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*** This bug is a duplicate of bug 690296 ***
https://bugs.launchpad.net/bugs/690296
Thanks for confirming!
** This bug has been marked a duplicate of bug 690296
libx264 2:0.98.1653+git88b90d9-3ubuntu1 messes up bitrate when encoding (at
least using mencoder)
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