If you are a Mac user, you must have heard of this software by Roxio. I personally started using it when the version was 3. It came with a SCSI-connected CD-RW drive that I bought about 8 years ago. Now, Toast is not just a backup application that you use with CD or DVD drives. Toast Titanium 7 is full of functions that can be used to compress video files. Unlike MPEG Streamclip, DiVA and other video compression applications that allow you to access QuickTime codecs, it even supports VCD, SVCD. Furthermore, you can compress ripped DVDs with MPEG-2 (Video TS folder only) and DivX (VOB files only, not through a QuickTime component). Or you can simply burn a DVD with the whole ripped DVD movie in a disc image.

The current version of Toast Titanium is 7.1. Roxio made the Universal version available in late June, 2006.
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Roxio Toast Titanium 7 is a product of Sonic Solutions.