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HandBrake is a GPL’d multi-platform, multithreaded DVD to MPEG-4 ripper/converter – it’s super easy to rip the DVDs you have and put them on the new iPhone – they look great and are about 1 GB each, here’s how…

First, get HandBrake – Link. There are also PC versions of HandBrake, it might work about the same way.

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Install it, run it. Pop the DVD in. Pick the DVD volume. Choose your settings, I use the defaults usually.

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It takes about 30 min or so, it runs fine in the background.

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Drag the MP4 file it makes in to iTunes, in videos tab in iTunes for the iPhone select the movie, click Sync.

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In a couple minutes it transfers over.

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It’s about a gig.

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The video is in the videos section. iPod / Videos.

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It looks and sounds great!

*Joe notes – I found if you create a new preset for iphone in handbrake and set the video dimensions to 480×320 you can crunch movies down to a much smaller size optimized for the iphone native resolution.