New version is out:
DVD Shrink
DVD Shrink enables you to copy a DVD very easily. Copying a DVD doesn't get much simpler than this. Put DVD into DVD-ROM or DVD burner. Choose either either a Full Disk (1:1) copy or a main movie only. It'll analyze DVD, encode video files , and finally burn a copy of the dvd to DVD±R media. Thus you have a excellent quality dvd copy of your original DVD.
Enjoy,
Richard
P.S. It is Freeware so the price is right too.