Try ripping to the hard drive with AnyDVD HD. Then open the evo file with Ripbot264 and convert to mp4 HD. The conversion will take quite a long time to do and will vary due to the speed of your computer. Your title shows core2, so I assume you have a dual core processor, but even with it you may be looking at more than overnight encoding times. You also need a lot of room.
AnyDVD HD is not free, but there is a trial available, good for 30 days I believe. Ripbot264 is free to use, but requires AviSynth, Haali splitter, ffdshow and Net 2.0 to work (all are free, but need to be installed first).
Edit: Here are a few guides to using Ripbot264 but I didn’t see one there that addresses your specific path from HD DVD to a compatible format for PS3.