Well, I recently updated a machine to use in my home theater and had a quick question about storing DVDs digitally. I was wondering what's the best way to archive my DVD collection while conserving space and quality. I guess I'm looking more for a good compression method that still looks good and preserves the 5.1/DTS sound, but doesn't take up a heap of space. I've got a RAID0 configured right now with ~300GB of space and a lot of DVDs I would like to throw on there. I've always thought it would be really cool to just select a movie to watch instead of having to search through all my massive cases for the disc I'm looking for.
PS: I'm projecting onto a 110" screen, so if the compression sucks it'll be really noticeable.