by vsekh on Tue Dec 30, 2003 7:29 pm
If you don't mind a 2 step process, then dvdshrink to make a compressed backup to your hard drive, then use Nero to create DVD Video.
Plus dvdshrink is free and if you download dvdshrink 3.0 beta 5, it will automatically compress your dvd so that it fits to 1 dvd.