Need to trim, convert and edit quality of dvd

i need a program that can trim a dvd so i can burn only the part of the dvd i want to my hard drive… i need to be able to save it in MPEG format… and i need to be able to compress the video quality so i can reduce the size. too many programs only allow you to compress to fit onto a single or dual layer dvd… i cant find any that let you reduce beyond that.

i have a problem with nero recode 2, so im looking for something as an alternative… preferably something low cost or free. nero recode 2 had what i needed, but unfortunately i cannot use it anymore… i will not get into that though. i’ve downloaded a lot of programs i thought were what i needed but they didnt have those features. any help would be greatly appreciated. i need something badly. thanks in advance.