KG6ZVP has updated his video converter to version 1.04.
Features include:

Auto Gordian Knot Style DVD-Ripping (Drag and Drop first VOB of a Title)
Support for 720×480 Encoding
No longer a need to select Aspect Ratio (4:3, 16:9, etc.) Simply select NTSC or PAL and it will automatically figure out the rest!
For DVD-Rips, select the display aspect ratio of [...]

KG6ZVP has released a new version of the video converter previously posted here.
Features include:

AutoGK style DVD-Ripping (Simply drag and drop the first VOB of a title!)
On-the-fly decrypting of factory DVDs!
Encoding via x264.exe (Vastly superior quality)
Includes all features of previous builds, but with much higher video quality!

Download: HERE.
Source: Forums.
Update: For those experiencing a muxing error, rename [...]