Don't know if anyone else has noticed this program, but I haven't seen any discussion of it here. The name is BDlot DVD ISO Master, and is free to use.
The program claims to be effective against newer protections as well as simple CSS. There are options to remove region coding, UOP's and intentionally placed structural flaws designed to prevent copying.
It only rips to an ISO file though, not video files. And there is no compression capability whatsoever. It does include a burning engine, but that seems superfluous in this day with ImgBurn available.
It does seem to be a marketing strategy, to get users interested in their company and to try out their other programs for compression or format conversion, but there is no obligation to try those programs. Has anyone tried this decrypter, and if so, are there any "additional" programs installed? Hanging spyware onto installers is a nasty habit many of these companies have started doing, so it is best to be very careful in the installation.