(This may look long but it's something that needs to be said)
There's one very important catch:
it can only run through pre-rendered MPEG-2 movies that the disc has.
this means that FFX (Final Fantasy X) and MGS2 (Metal Gear Solid 2) is out of the question. Games like FFX run on their own little weird movie system and so conventional PS2 rippers (if any) cannot decode them. as for MGS2, all of the "movies" are actually processed all in real-time, meaning that nothing is pre-rendered and cannot be ripped. Maybe someonw will eventually make one where it is possible to compile data into the real-time objects we see, but until that time you can forget about using this ripper for most things.
The only thing that this program can process is .PSS files, an exclusive MPEG-2 stream on the PS2, similar to like how .STR file types work on PS1 discs.
To find out if certain clips can be processed, simply open up the program. If you look through all of the directories you may find some. If you don't then that means the game is processed in real-time and therefore can't be ripped.
Everything is self-explanatory after that. You'll end up with a .m2v file and .wav file. Using your knowledge of video you can figure out that these two can be processed together in TMPGEnc and/or an AVISynth script right? ^_^
Anyway, I'm sure I disappointed a lot of you, so I apologize. But for those who were looking for a conventional ripper here ya go:
PSS Plex
http://www.gamefreax.de/toolzps2e.html
(should be towards the middle of the first group)

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