There's a great program called GNU VCDtools that lets you do many things to VCD's. Buried inside the app is a program called vcdxrip. To get everything right you need a few arguements to have it put out a simple .mpg:
alias vcdrip '/Applications/GNU vcdtoolsX 1.0b.app/[NOTE: Enter on one line with no extra spaces; shown on two for narrower display purposes]
Contents/Resources/vcdxrip --no-ext-psd -o ~/.Trash/blah -b'
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