I am fascinated by this setup and kind of interested in knowing more. I'm a very computer savvy person. How do you get HD quality with ripped movies?
Just like you do with CDs.
Most people used to think that to rip a CD you HAD to make it into an MP3. But, now people know that you can just rip it as a WAV file and you get a 1:1 copy of the original, or you can do FLAC (lossless) and get a slightly compressed version which is bit-for-bit identical to the original...
But, the .WAV file is the one that is truly a one-for-one copy of the disc.
Now, when people think of movies on their PCs, they think 'web' content. Forget that! You are on a home network which can pretty easily run at gigabit speeds. A Blu-ray often runs around 30 megabit/second. So, you have the ability to run your original movies over your home network pretty easily.
Instead of copying the movie by recompressing it into some iDevice friendly format which takes a 40GB movie and turns it into a 1GB movie - and destorys the quality, you just copy the movie to your hard drive. It's a feature of AnyDVD - you put a BD into your BD player on your computer, wait for it to scan, then right click on the Slysoft icon, and choose 'Copy To Hard Drive'. You get the entire movie... all the adverts, trailers, etc. are there, but you also get HD audio, and full professionally encoded 1080p Blu-ray movie quality.
The same program will do the same thing with DVDs.
There are other options which will create 'lossless' copies of the video, but they are not easy to use for BDs. They work pretty well for DVDs, but when you can now buy a 4TB hard drive (!!!) and a DVD is about 7GB, you can store over 500 DVDs on a single 4TB drive. Pretty nifty.
Still, BDs run about 35GB a movie, so you only get 100 BDs on that same 4 TB drive.