Resize to maximum file size via command line

[g3rman]

I'm looking to batch convert all files that are larger than 700 KByte to 700KByte or below using the command line.
The equivalent of the "Options -> Set File Size" in the GUI.

Is this possible?

[Bhikkhu Pesala]

You would have to do it in stages.

1. Sort the files in Windows Explorer
2. Select those larger than 700 Kbytes
3. Right-click and save the selected filenames as a text file
4. Batch convert the files using the text file as input.