Hi Seppey,
This thread is extremely informative, as well as the 101 version (if you search that same forum for "Ripping 101", you'll find it - it's huge-mongous long by now, which is why they started 102).
http://www.avsforum.com/avs-vb/showthre ... did=320902
To get you going, you can use Steven's guide, that is a good one to start with. This is the process I use & it works pretty good:
1. Rip entire DVD using DVD Decrypter in File Mode, & I Select All files to rip.
2. I process the movie using either DVD Shrink (my personal choice) or Ifoedit, stripping just the movie, 1 sound track & 1 set of subtitles (no menus or extras). This can be a little tricky because sometimes one program will have a problem processing the files - when that happens use the other one (if you read the Ripping 102 thread that I linked to, you'll see what I mean about that). Using DVD Shrink you can compress the movie if you want, but it usually means losing some quality along the way.
That's it - you can play your movie using almost any of the software players out there. It's pretty easy - I've done all of my DVDs using this method & I've only come across a couple that have given me difficulty & that was just with the processing. All of the programs mentioned are free so it's just a matter of learning them. You'll find that sitting down, hitting play & having the movie start up with no menus, FBI warnings, previews, etc. is pretty damn cool. You won't want to go back. The only downside is that you need big hard drives to make this work. I'm actually getting ready to build a server for this (a friend was kind enough to give me a server tower complete with 440BX mobo & P3 500).
If you need links to get the programs say the word. I can post them, but I've got them bookmarked on another computer so I can't do it right now.