FLAC files are large, and Apple Music, many car stereos and older players will not play them. Opus sounds better than MP3 or AAC at low bitrates. FLAC is at home in archiving music at full quality; OPUS is the usual choice for voice and music at low bitrates. OPUS is lossy, so keep the FLAC original if you may need full quality later.
The defaults suit most files. Under Options you can choose the bitrate and trim the start and end.
The conversion uses your browser's own video and audio codecs (WebCodecs), with hardware acceleration where the device has it; the file is read from disk as it goes and can be up to 2 GB. Where the browser lacks a codec, the page falls back to the compatibility engine. OPUS is written at 128 kbps unless you choose another bitrate.