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The iPad plays videos only a handful of video formats, none of which are overly common for standard sized videos (.mov, MPEG-4). Most torrents are AVI videos, and it would be easy to lose the HD quality of a Blue-Ray when converting to MP4 format or other accepted formats.
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iPad Video Converter is the easiest-to-use video converter software for Apple iPad Movie and iPad Video. It can convert almost all video format, e.g. DivX, XviD, MOV, rm, rmvb,dvr-ms, MPEG, WMV, AVI to iPad Movie / iPad Video format. It is also a powerful iPad video converter with fast conversion speed. And the output iPad video supports iPad screen, you can enjoy your favorite movie on your iPad as a MPEG-4 Player.
http://www.macipadvideoconverter.org
http://www.macipadvideoconverter.org/ipad-video-converter.html
http://www.macipadvideoconverter.org/ipad-converter-mac.html