TV's Frink said:

Bear in mind I know nothing about editing software...

...couldn't you just buy one of the more common editing software suites (Womble, Vegas, etc.) or do they not do certain things you want done?

The beauty of the editing software I have, and what I'd look into carrying over, is that it doesn't require you to rip the DVD. Essentially, you could store all of the cutlists, like you have them Frink, and they are the edit. Yes, it requires you to play it back on your PC, yes you are limited in regards to how smooth you can make your edits... But creating edits is then very fluid. See someone's edit that you like, but you wished they had omitted one scene, or one line of dialogue even? In about 3 minutes, you can edit their edit and be done. And the resulting file is only a couple K- not Gigabytes.

Does that make sense?