I finally found the exact combination I needed, and I found it in ffmpeg.
I will expand on the question a bit and spell out the fact that I was already working with mp4 contained video/audio, so MP4 Video (.m4v) and AAC Audio (.m4a). I absolutely wanted an as-is version of the audio extracted from the video.
First off, it's pretty easy to install things like ffmpeg, mplayer, things built off them, and similar open source packages nowadays. Between Rudix, Homebrew, MacPorts, and Fink (does anyone even use fink anymore?), third party software is a snap to install.
So, after installing ffmpeg, and having the ffmpeg accessible at the command line, I ran a command like this:
ffmpeg -i videofile.mp4 -vn -acodec copy audiotrack.m4a
ffmpeg: The command.
-i videofile.mp4: The source video file.
-vn: Do not record (do not consider) video data.
-acodec copy: Copy the audio source as-is, here's where all the magic is. ffmpeg will write the audio data out as various supported codecs, but specifying copy leads a bit-for-bit exact copy of the stream. Coupled with disabling video via -vn leaves you with a lone audio track inside an mp4 container.
audiotrack.m4a: The output filename.
I can't believe something like this was so difficult and hidden for so long.
Since I always intend to rip aac audio data out of an mp4 container/video, I wrote a quick little script to do it.
#!/bin/bash
INFILE="$1"
TMPOUTFILE="${INFILE%.*}"
OUTFILE="${TMPOUTFILE##*/}.m4a"
ffmpeg -i "${INFILE}" -vn -acodec copy "${OUTFILE}"
Now, I simply invoke rip_m4a_from_mp4 somevideofile.mp4 and I am left with an audio only version with the same filename, ending in m4a instead.
Simple! For me anyways. No GUIs, lightning fast, this is just one of those things that the command line does better.
Best Answer
You said that you tried to create an image but did you use DiskUtility?
Try to create new image of your DVD using DiskUtility. Save it to *.cdr file and mount & play or burn already created image to see the difference.