DVDxDV Pro (http://www.dvdxdv.com/) has been updated to version 3.0. The new version includes a new video timeline similar to the ones in found in iMovie or Final Cut Pro.
It provides instant access to any location in a DVD movie. The new timeline can be expanded by zooming in or contracted by zooming. With the timeline, the exact beginning and ending for movie clips can now be set.
DVDxDV Pro rips unencrypted standard definition DVDs into QuickTime video files. It can convert DVDs into High Definition 1080i video for use in Final Cut Pro, Avid Media Composer, Adobe After Effects, Adobe Premiere and iMovie HD. In addition to editing systems, DVDxDV Pro supports conversion to the MP4 format for use in the iPhone, iPod, iPad, and Apple TV. DVDxDV Pro will convert to any QuicktTme compatible codec, as well.
DVDxDV Pro requires Mac OS X 10.4 or newer and QuickTime 7.03 or higher. It costs US$80.