I've been using PQDVD's PocketDVD for a while to encode in Xvid format at NTSC 30fps/128bit stereo. The quality is ok/good with a standard 2 hour movie size of 900MB. The problem is this program only works in WinXP and doesn't have a lot of options for improving quality.

Can anyone recommend a better program in the free to $50 range for DVD back ups?