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There are many commercial software and not aimed at converting video, but Handbrake is foremost among all the extreme ease of use.
Handbrake converts any video container but his specialty is the direct conversion from DVD to formats compatible with PSP / MAC, all executed very few mouse clicks, also complements the function of decryption inserted media evading any supplemental protections.

HandBrake svn2845:

Quote:
- Added automatic update feature to sottobuild
- Improved core video conversion
- Support for Two-pass encoding with the new theora 1.1
- Updated x264 codec to the latest version available

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