Ok now we are getting somewhere. DVDs use MPEG2 coding so as soon as they are ripped they are already MPEG2. Notice that a ripped DVD is taking up several thousand megabytes. After conversion with flask you end up with a file that will fit on one or two 700MB CDs. If you code with MPEG2 the file size will be the same as the original rip and you will save no space but quality will be very good.
You still have not answered what the end purpose is. Is it to get a DVD movie to fit on one or two CDs? If so MPEG2 is not the way to go. Check out <A HREF="http
/www.doom9.net" target="_new">http
/www.doom9.net</A> for more info and downloads. Flask is seriously outdated. Check out G-knot and Fair Use. Fair Use is the program I use to do what I think you are trying to do. I'll help you more later after you tell me exactly what you are attempting.
Give me fuel, give me fire, give me that which I desire.