[Superchicken]

http://handbrake.m0k.org/

For those of us who love to rip DVDs! And they've added H.264 support! Not sure if Quicktime will even be able to open the H.264 file I'm ripping... but we'll see! I'm SUPA happy now. And I can't believe nobody has mentioned it's release.

[Thinine]

I hope they have immediate support for QT H.264 encoder when Tiger comes out.

[Mithras]

I think recent ffmpegX can play h.264? That's what I'm hoping because after you posted I downloaded the new handbrake, and am trying it out on a VIDEO_TS folder.

For the most part I don't find compressing movies particularly worth it, since it takes forever on my TiBook667, and disk space is pretty cheap.

[brutal]

Handbrake is a really cool app, but I've never understood that icon..