^Most of us use one of two commercial programs for ripping dvds and blu ray. As mentioned earlier in the thread, AnyDVD and DVDFab are those two, though there are certainly a fair number of other choices.
If you want a free decryption program look at DVDFab HD Decrpter. It is one section of DVDFab, and will continue to function even after the trial period ends for most of the program. It will decrypt both dvds and blu ray. The only caveat is that the free section is not updated as quickly as the commercial version.
There are two other free choices that are current, though neither are as simple to use. One is called MakeMKV. It is free while in beta, and seems to stay in beta status perpetually. You have to go to their website and download a new version each month and replace the beta keys, but as I said, it is effective and no cost. MakeMKV rips dvd-video as .mkv files, but blu ray can be ripped to mkv or as blu ray video structure.
And the second choice is called BDLot ISO Master. It will only work with dvds, and rips as ISO files, which are easy to work with if you mount them in a virtual drive, like Slysoft's VirtualClone Drive. Or you can open them directly with DVDShrink if you need to compress to fit a single layer dvd. To compress dvds to fit onto a single layer dvd with the highest quality you won't get anything better than DVDRebuilder, and there is a free version available.
For burning many of us have switched to ImgBurn. Superb burning engine that was originally seen in DVDDecrypter, but very much advanced from those days. Same author.
Conversion programs....well there are a ton of those. For H264 mp4 or mkv output, I'd recommend Handbrake or Ripbot264. To convert to xvid or divx avi, the old standby of AutoGK works well, though there are many other choices as well, like AviDemux or Xvid4PSP.
Working with blu ray as your source, I'd recommend BD Rebuilder. It can compress to fit smaller size blu ray (to fit onto single layer blu ray disks) or it can convert to mkv files, or even dvd-video. BD Rebuilder is free to use.