To each his own, but i recommend...
Why bother? Transcode it using Handbrake to ATV2 profile setting and it's virtually the same quality (using CFR 18.5-20) as the original dvd.
Plus it's a fraction of the disc space. The resolution of DVD's are crap anyway so it won't even matter. It's plenty acceptable transcoded to ATV2 via handbrake.
You can even just simply transcode all the dvd extras if you wanted to. Using ripit to do the entire disc of course is painless but also a waste of space.
Having to pay $19 for a JB app and having to JB the ATV2 is lame - especially when having to play cat and mouse all the time with atv updates
Why bother? I could argue this all day, however in the end it's all a matter of preference.
I originally started by transcoding. the problems were:
on Tv Show Discs, I had to transcode each episode seperately. this isn't much fun on say the Seinfeld collection.
I LIKE DVD menus and extras to be available. transcoding simply doesn't provide this.
Transcoding had problem with a large amount of discs (Disney I'm looking at you). The result would be a partial transcode, dropped audio, artifacts, and more. Even worse, you dont notice the problems until you actually go to the ATV2 and start watching the file. 45 minutes into the movie the audio is dropped. F! Now i have people over, watching a movie on my "cool setup", only to have it FAIL miserably. very irritating.
The rip time in ripit is anywhere from 20-55minutes depending on the disc size. the same for mediafork was 15-30 minutes for each pass (I used 2 pass).
This was for the movie only. so Im already saving time by using ripit. no settings to fumble with. no worrying about the outcome.
I have come across a whopping 3 discs that ripit had problems with. I contacted their customer support (try that with handbrake or mediafork) and they had an update to the software out in weeks. I haven't seen any problems since.
$29 seems pretty cheap compared to how much time I wasted coming up with good settings, and then checking every file i ripped before adding it to my library.
$19 is pretty cheap for the convenience and saved time. if your really that cheap, you can always JB and install the media viewer and AFP files by hand, for FREE. FYI, the JB software is free...just download for yourself at firecore (or any other of your choice) you are paying for the bundled install of all of the open source software. worth it for me. judge for yourself.
Wasted space is also a relative statement. you can buy a 2TB drive for $60 nowadays. My experience has been that the average DVD size is let's say 4.5GB (my guess). On that drive alone you could have over 400 DVD images. available instantly. With ALL of the disc features.
by contrast I was using a average bitrate method when using handbrake or mediafork. My average movie size was something like 1.75GB
So i could get, say, 1100 movies. WITHOUT menus, features, extras.
So about 1/3 ratio for the $60.
Meanwhile you have spent $11,000 on those 1100 DVDs. Assuming $10 average.
No brainer for me. in fact i went overkill and bought 2 DROBO for $600 (BHPhoto has them for $289) plus the 8 2TB drives for $80 each (external WD, disassembled for the drive). all my data is
QUADRUPLY backed up.
Overall I have less than $1500 in my drives and the appleTVs.
I'd estimate I have about $40k+ in DVD's, CD's, iTunes purchases.
Ive been buying these since the early 90's so...
I have all of my iTunes library music/movie/tvshow/photos/etc on the same drives which justified it even more for me.
PLUS, the DROBO will currently accept 4TB drives for a max of 16TB each, so I can expand as needed.
Those that think ive spent too much need to know. No I am not rich. I saved my money up. I bought pieces at a time. I started with 1x1TB drive and a refurb gen1 AppleTV. My original Mini 1.25 G4 has been the file host. I ordered that back in Jan 2005.
side note...I have a server running on my original 800mhz G3 ibook.
the road has been a little bumpy, but it was/is fun and I have no regrets.