Geez... so complicated....

Here's mine... (I had to use a Window comp, though )

1. Get Handbrake http://sourceforge.net/project/downl...irror=internap
2. Rip DVD with low settings (it really doesn't matter at this point)
3. Get Media Converter https://garage.maemo.org/projects/mediaconverter/
4. Convert the file Handbrake made into an even more optimized file.

My full length movies came down to 140-170 MB and they look great on my 770.

Hope it helps!