I have used shrinkto5 and found it easy to use. In fact there's not many changes you can make to confuse you or go wrong with. I haven't got the burning plug-in so I can't comment on that. I am having problems getting the disks to play on my Sony DVP-S525 (error: C 13 00) but on PC and cheap standalone player works a treat.
Resulting movie was not as sharp as a few other films I've seen (programs unknown) so there probably is better out there but, like J D said, it is new and it is worth a stab!!