I am unsure where to even search for this info. I don't see it mentioned in the stickies for this forum.
I am finally starting to think about ripping my Blu-Ray movies to HDD, but I think I would like to compress them somewhat to save a bit on space. I read that converting them to MKV only changes the container and does not reduce the file size (this makes me question what is the point of converting them in the first place). I realize I can rip the main movie only, but that will still result in a lot of used disc space. If there is a better forum to ask this please advise, or else maybe someone can point to a thread somewhere?
I don't want to compress to the point where it's too noticeable, i.e. down to DVD quality. But I have seen some x264 mkv's that don't look too bad. I have no idea what people are using, or how much they're compressing (re-encoding). What is the current process?