UPDATE - This methond works only on DVD's that do not have Multiple Chapters after running DVD Decripter. If you find that DVD Decrypter is saying there are multiple chapters on the original DVD, then this method wont work.
Panasonic (Mashista) LFD-310
I followed the instructions that DVD2one site gave, including upgrading to NERO 188.8.131.52. I kept getting DVD-R's that would not play on my JVC Home DVD player. I looked at the files, and found that on the new NERO 184.108.40.206 update, NERO was writing a VIDEO_TS.VOB file that was about 8 kb big. I compared this to other DVD-R's that I have and do play and found that those that have the VIDEO_TS.VOB file do not play on my DVD player. I uninstalled NERO 220.127.116.11 and re-installed my original copy of NERO 18.104.22.168 (oem version that came with my CD-R) and it WORKED!!! I just backed up my copy of Phantom Menace with 5.1 surround and all is well. Here are some additional points to remember when backing up using this method. One additional note. NERO 22.214.171.124 does not burn DVD-RAM discs, so if you want to do a practice disc, you cant use a RAM disc. I have not tried using DVD-RW discs.
Select DVD-ROM (UDF/ISO) in the wizard
Under ISO tab
select ISO level 1. ISO 9660
check on allow path depth...
Under UDF tab
select physical part and UDF 1.02
Under LABEL tab
if your going to name your DVD, make sure you use ALL CAPS and no spaces. i.e. PHANTOM_MENACE
Under DATES tab
select use current date and time
Under MISC tab
make sure caching is checked on
Under BURN tab
check on Simulate if you want the system to do a practice burn. this does double your time.
Hope this information has helped, since it took me several days and several blank DVD-R's to figure this out. I must admit that I dont know what most of these tabs mean, but this process worked for me, so I hope this will help some people. thanks for the great info.