Mark,
Interesting result.
Motion Blur itself does not affect the final file size. It only changes the visual content, and compression depends on the content (producing larger or smaller file).
If you want, you can share your original project in a ZIP archive (all files) so that we can test it with different settings.
P.S. Note that FullHD is usually 1920 x 1080 (16:9 = 1.7777). 1920 x 1280 is 3:2 =1.5