I've tried numerous versions of DVDFab including the latest beta (v188.8.131.52) with no success. Whenever I convert a video from a DVD to an AVI, MP4 or MKV with subtitles, the subs are always the wrong color and are out of sync with the audio by anywhere from 1 - 3 seconds.
I have yet to find a way to fix this. An advanced options for subtitles would be greatly appreciated. One where we could adjust the coloring and timing of the selected subtitles before converting them to AVI, etc.
This picture is from the original DVD:
And this one is from an .AVI created by DVDFab:
The converted video usually has dark or white subs. But the biggest issue here are the delays.