(warning) involves command line work
First install the dependencies needed for handbrake to compile (and build)
sudo yum groupinstall "Development Tools"
sudo yum install yasm zlib-devel bzip2-devel fribidi-devel dbus-glib-devel libgudev1-devel webkitgtk-devel libnotify-devel gstreamer-devel gstreamer-plugins-base-devel libsamplerate-devel libtheora-devel libass-devel libvorbis-devel libvorbis-devel libass-devel
sudo yum install yasm zlib-devel bzip2-devel fribidi-devel dbus-glib-devel libgudev1-devel webkitgtk-devel libnotify-devel gstreamer-devel gstreamer-plugins-base-devel libsamplerate-devel libtheora-devel libass-devel libvorbis-devel libvorbis-devel libass-devel
Now check out the handbrake source code
svn checkout svn://svn.handbrake.fr/HandBrake/trunk handbrake
Now change into the directory that the source was downloaded to. From there we will configure build and install Handbrake
cd handbrake
./configure
cd build
gmake
sudo make install
./configure
cd build
gmake
sudo make install
Handbrake should now be within your menu, or you can run it from the command line
ghb
