@spec. Thanks for posting your results. Actually, I think you can tweak your settings to be more efficient. If you want to upload files <= 1GB. You should have the following settings:
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max_execution_time=120<br/>
memory_limit=128M<br/>
post_max_size=1001M<br/>
upload_max_filesize=1000M<br/>
post_max_size should be a little larger than upload_max_filesize to accommodate post data other than the file upload data.