I downloaded the demo from the last listed page, and it looks ok. I tried it with the new Planet of the Apes, and only got the main title in full disk mode though. Not sure if it was an option I had selected wrong or what. Video quality looked up to par with the other transcoders I've used (looked just as good as DXCX or D2One in movie only mode). Only problem I saw was that it's SLOW, took over 2 hours to do the one movie I tried.
EDIT I forgot to mention it does it's own decryption, so no ripper is required.