http://www.afterdawn.com/news/archive/6739.cfm
The latest on it at Afterdawn...
Actually, I though DVDshrink WAS the free "development" platform for Nero recode?
Or Nero took it up, as they did with CDSpeed.
Anyway, according to that link, it's still available, development was dead, and now the "one and only official site" is too.
Lay down a copy of what seems to be the "final" version, for as long as it turns out to be useful for, though like Decrypter, even if certain juristictions were to demand it's removal, there must be a number of mirrors that are beyond the reach of the corporate dictatorship!