DVD-Toolbox is a DVD Video backup tool. It will extract a movie to your harddrive to be played from your local harddrive or from a DVD-R(W) or DVD+R(W) on your dvd home player.
DVD-Toolbox is really easy to use, a pro version will extend the features with a lot of new settings.
Limitations: You need to have CopyToDVD to use the program.