CorePlayer Mobile has support for the h.264 video codec (which is used by Apple for iTunes and hardware). Commercial codecs require a licensing fee. That is why CorePlayer costs money and TCPMP is free.
1. Use AnyDVD to break the encryption on your DVD.
2. Use Handbrake to convert the DVD to iPod low res video.
3. Import the resulting file into iTunes or copy to your device.
Note: I do this only with DVDs I own (fair use and all) and I never share my files (screw you MPAA).
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