I use JRiver Media Center to rip all my Blu-rays (anyDVD HD required) since I just put the disc in and it automatically rips, downloads cover art and data, and adds the movie to my library. If you have a concert Blu-ray, JRiver allows you to rip just the audio so you can have separate FLAC files (or other file type) for each song. This is handy if you just want to listen to the music or need to sync to a hand held device.
For playback of a Blu-ray, JRiver automatically selects the correct playlist using the disc.inf file created by anyDVD HD.
Sometimes I go back and use MakeMKV to reduce a ripped Blu-ray to a smaller file size by removing audio tracks and titles. However, I recently realized that I didn't have MakeMKV setup to decode DTS-HD
and all my MKV files just have the DTS core. Fortunately I had only used MakeMKV on a few Blu-rays.