(And yes, I AM the man. 
)"Could you give me more info on the DVD-Lab program? I've been to their site and they offer several programs in addition to DL. Do I need any of those specifically?"
For simple menus, DVD-Lab is all you really need. Get some DVDs under your belt before using the other programs. I like DVD-Lab Pro because my DVDs often have more than one soundtrack.
"what are IFO and BUP file? And could you post those links to all that info?"
IFO files are essentially playback instructions, and BUP files are backups. PM me your address (don't post it in the thread), and I'll send you some information.
"Also, I have some homemade DVDs of an old TV show and the episodes were recorded together as one title....I would like to break the episodes up into separate titles....how do I go about doing this?"
The quickest way would be this:
1) Keep the original VOBs together.
2) Import all VOBs into DVD-Lab
3) Assign chapter points throughtout video, including the beginning of each episode, and key scenes throughout each episode.
4) Create playlists for each episode (Chapters 1-5 for Ep.I, Chapters 6-10 for Ep.II), so that when one episode is done, you are returned to the main menu.
5) Create menus for episodes, and sub-menus for chapters within each episode.
6) Master the disc.
Now, this is easier said than done, but it's good experience. DVD-Lab has a low learning curve, but still has a lot of great features.
As for IFOs and BUPs - I have never had to go into these files to get a homemade DVD to do what I wanted it to do. As those who have seen my SW DVD (Rikter, Laserman) can attest to, I can make elaborate, yet simple-to-use menus for my DVDs with DVD-Lab pro. Maybe I'll post a screenshot from DVD-Lab showing what it can do.