http://www.dvd-recorder-review.com/dvd-squeeze.html does anyone know if this is real? it's suppose to let you record dvds without a dvd burner?
Well I assume it works (you'd still need a DVD reader though). However, I am not too confident on then (most people can't perceive the difference) part.
It should work. Usually you can rip DVD's without a burner, just as long have you have a DVD-ROM drive. Same as you rip CDS with only a CD-ROM drive and not a CD-R, RW.
The quality is going to be crap. Seeings as most retail DVDs, the movie file is over 4 gigs, that's compressing 4000 megabytes into 700. I wouldn't expect much more than youtube quality.
There's DVD shrink that shrinks it down to one DVD. As far as CD, there's no way to make a big video small without it looking like crap.