Tons of improvements, especially regarding H.264 encoding.
Update: If you want to use it with VLC for ripping from DVDs, note that you’ll need the 32-bit version of HandBrake, because the latest stable Mac OS X version of VLC is 32-bit.
Update 2: Some readers are reporting success with the previous stable release of VLC (1.0.2), which has a 64-bit version.
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