since you've already compress your video files using vdub, winzip won't compress the file much more. However, winzip would be useful to package multiple files together.
When winzip compresses files, it searches the file for common bit patterns. it then stores these bit patterns in a dictionary. Then it uses a index to place the bit patterns in order.
for example, the original file bit pattern looks like
0001 0001 1001 1001 0011
winzip's dictionary looks like
1:0001 2:1001 3:0011
winzip's index looks like
1 1 2 2 3
please note my example could be incorrect in calculating the bit patterns. itsshown to give the concept of how the index and dictionary work together.