Oh really??? So I just need the software and there?!?!? I was worried about that when deciding to get a Macbook (I didn't have the cash to get a better higher-end model).
All you need is Handbrake which is free to download. You can rip DVDs to your hard drive with a combo drive as all you need it to do is to read the disc.
apple tv setiing works best if u only wanna watch it on an apple tv. if u want it to work with all ipods,iphones etc, use the hi res ipod setting then manually adjust the bitrates and resolution and it will work with any device.