I use DVDShrink to rip a single VOB file:

Edit > Preferences > Output Files > uncheck "Split VOB files into 1GB size chunks (recommended)."

Then I use the Re-author mode, only selecting the movie, and I deselect all the alternative languages and all subtitles and I rip the movie. Also make sure you select "No Compression" instead of "Automatic"

At the moment, I'm leaving it that way. The quality won't get any better than that and I can decide what I want to do with them later. I don't have a networkable media player at the moment, but I have a great LG player that will play a wide assortment of files, including just a single VOB file on a disc.

So now, if I want to put the file onto a DVD-RW, I can point DVDShrink back at that file and tell it to compress it this time. Or, if I eventually get a networkable media player, I'll probably use Super (linked in Tony's thread) to encode them into whatever format I want.
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Matt