Don’t everybody post at once!
Well, thanks, if you even gave some thought to a response.
I’m going with Nero 6 Ultra Edition. Among the features of the included NeroVision Express 2 are:
[li] Add MPEG-1, MPEG-2, VOB, DV, VCD, SVCD and AVI video files
[/li][li] Select audio stream from VOB files with multiple audio streams
[/li][li] Compliant files are not re-encoded (smart encoding)
[/li][li] Add MP3, MP4 (HE-AAC) and WAV audio files
This sounds like exactly what I hoped for! The only other thing I could want is some features for selection and filtering of subtitle tracks.
I also looked at Sonic MyDVD Deluxe 6 and Roxio Easy Media Creator 7, and could find no evidence that either supported the features I needed. Furthermore, I’m suspicious that Sonic MyDVD is more severely crippled, in order to protect their much more expensive product lines (they have at least entire 2 product lines above MyDVD).
If anyone is interested, I will also post my reactions, after I get some experience with it.