quality and filesize. if you have enough disk space, you can keep the original mkv files produced by makemkv and just use those. but you could reduce filesize by sacrificing some quality. whether you'd notice it much probably depends on how eagle eyed you are and the size/quality of your screen. just be aware that encoding files takes a lot of cpu grunt and can be time consuming compared to ripping the disk as-is.
If its just DVD then DVD shrink still works for most discs. Hasn't been updated for years but then neither has the DVD standard.Transcoding (shrinking) is really fast and shouldn't take more than 10 minutes. If you're talking about blu-ray discs then MakeMKV is the one to go for.
I woudn't go below 80% quality during the shrink or quality will suffer in my experience.
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