After recieving my new 5G ipod I was extremely frustrated that Apple had not given me a way to take my DVDs, that i had bought legally, and put them on my new iPod. Well, after searching for some time, I found that this is the best solution to my problems. (Click on title) There are some bug in the process but its pretty straight forward. Although its not the easiest solution, it sure is the cheapest!
Time: 30 mins or up depending on movie length