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Depends on what you want to do:

1. Apple TV: Handbrake to make a iTunes compatible movie file that loads in itunes and can be transfered to Apple tv or ipod or just watched on your mac

2. Archive: Toast 8 or Popcorn to reduce size down to 4.38GB so that you can burn it to DVD
 
mactheripper is available in v2.66 the beta 3.14d (which is the best) is donate only (if you clever you can find it)

handbrake is free

And Google is your friend:D
 
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