What are the advantages and disadvantages of MJPEG vs MPEG4?

Issue

What are the advantages and disadvantages of MJPEG vs MPEG4?

Product Line

Pelco Cameras

Environment

IP Cameras

Cause

Compression differences

Resolution

MJPEG

Advantages Disadvantages
Better image quality High bandwidth usage
Most widespread picture compression format High storage requirements
Lower latency No support for synchronized sound
Constant image quality  
Fast stream recovery in the event of packet loss  
Lower complexity  

MPEG4  
 

Advantages Disadvantages
Higher compression rates - Less bandwidth usage Low robustness in the event of packet loss
Lower storage requirements Higher latency
Maintains constant bit rate Image quality suffers with network congestion or in-creased movement in scenes
Able to sync audio and video