FastStudio Free DVD Decoder

This tool can decode DVDs to VCD, SVCD, MPEG-1, MPEG-2, MPEG-4, AVI, DivX, and XviD formats. It supports portable device like iPod, PSP, iPhone, Blackberry, PS3, Zune.

Also with this tool you can back up your favorite DVD movies to various formats and extract soundtracks from DVDs.