> if I click Copy entire DVD with menus extras etc (middle button) will it still Transcode if the Disc is small enough to fit on a DVD-R or will it just burn it? <
It will not transcode it if doesn't need to, but it will re-mux it (you might have changed some streams), and this won't be done on the fly (yet).
However, using AnyDVD saves you the rip-to-hd which takes some time and space. Note that CloneDVD will copy this again, if it needs to remux/transcode.