Thanks for the replies guys.
Yeah, I was kinda coming to these conclusions after messing around for a few days here. I'm not going to use that M2V file. I was looking at it and realized that there was a significant quality drop from the origonal dvd.
Is there a way I can get this dvd into a workable format without loosing any quality? I got DVD2AVI and tryed extracting the video as uncompressed but 20sec of video ends up being 3GB!

There's no way I have room on my HD for the full Vid like that.
I managed to get the 5 track audio into 5 mono Wav's and Premier will work with that.
If it makes ya feel better I'm not breaking any Copyright laws, dunno if that was a concern or not.
If you guys could help me with the formatting I would appreciate it!.
Cheers.
Mike