I notice that LinuxMCE has a DVD ripping function. But it looks like it doesn't have any automatic transcoding hooked in. Understandable given how tricky it can be to get good transcoding set up. But, how hard would it be to hook things up so that the main feature of a DVD could be transcoded automatically upon completion of a rip?
I very rarely care about any of the "special features" on a DVD. I'm just after the content, and most DVD's can be compressed down quite a bit without losing visible quality.