Where do I start? Dvd ripping and playing are 2 separate activities that require different software. Dvd movies are mostly copy protected and can't "just" be legally copied. I really know nothing about Lightscribe because it's honestly just a gimmick in my eyes. Try Nero, it's not necessarily cheap, but it'll do 90 % of what you want.
Edit: Nero won't crack dvd copy protection - but in conjunction with other software....