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1. Yes, assuming you don't uncheck one of the boxes saying 'menu' at the top of the tree
2. The 250kb exe download is just the program. Most users will have their own favourite build of MPlayer. The 5500kb zip download contains the exe and a build of Mplayer. No other software is needed.
3. No, it's a 1:1 copy.
4. Assuming you can decrypt the Blu-Ray on the fly (ie AnyDVD installed or other decryptor), then you can process on the fly.
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