Handbrake - 4.66MB (Open Source)
HandBrake is an open-source, GPL-licensed, multiplatform, multithreaded DVD to MPEG-4 converter, available for MacOS X, Linux and Windows.
Supported sources: HandBrake is not limited to DVDs: it will now accept practically any type of video as a source.
Outputs:
File format: MP4, MKV, AVI or OGM
Video: MPEG-4 or H.264 (1 or 2 passes or constant quantizer/rate encoding)
Audio: AAC, MP3, Vorbis or AC-3 pass-through (supports encoding of several audio tracks)
Misc features:
Chapter selection
Basic subtitle support (burned into the picture)
Integrated bitrate calculator
Picture deinterlacing, cropping and scaling
Grayscale encoding