It just seems to make a lot of sense to me to put all of your movies on an HDD on a file server. Heck, you could have TVs in your living room, family room, bedroom, wherever you want, give them all small HTPCs, and access any movie from anywhere in the house without getting off your ass.
Burning them to your own DVD-Rs or putting them on a hard drive is really personal preference. Given that this collection I'm working with is relatively small, I will be putting them all on a hard drive, but I still am not clear as to what format. I know DivX is an option, but the file doesn't need to be that small and that will seriously degrade the quality. For those of you who store DVDs in their true high quality on your HTPC or file server, what format do you use? How can I get all those .vob files into one, uncompressed video file?