You can use AnyDVD HD to copy your Blu ray/HD DVD onto your computer without the DRM. Then you can play it via PowerDVD without the need for an HDCP compliant monitor. You can also re rip it into x264 for a smaller file size which is what most blu ray/HD DVD floating around the torrent space nowadays.
Now, Blu ray also has this new protection, apart from the standard AACS, called BD+. This is suppositively java based (not sure how that matters). Slysoft, the creators of AnyDVD HD, claim that they have managed to crack BD+ as well. But from what i hear they are yet to implement it into their software. So there are a few movies with BD+ that are yet to be ripped the normal way. Those movies however, can be copied onto your hard drive and played over PowerDVD without HDCP, but cannot be reencoded and such (yet). Many have been grabbing the BD+ movies over HDMI and then doing a reencode. The quality difference is not noticeable to my eyes at least
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Hows that?
(I've gone exclusively HD since Jan last year. If I had all my HD movies, it would have surely occupied a couple of TBs of space
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