The latest version of DVDShrink does decryption and compression, and it burns if you have Nero installed. It also has a Reauthor feature that allows you to remove special scenes and add-ons. It's all you need unless you're downloading movies, plus it's free.
I've compressed as much as 45% without any unacceptable loss in quality. The only exceptions are high action movies (eg. Terminator 3) which tend to pixelate during fast moving scenes. Even then it's tolerable.
Remind me. We'll send him a red cap and a Speedo.
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