This is really simple. Import all the full resolution files to your laptop making sure that the the settings are such that you don't copy on import (last tab). This is relatively fast
You then select all the tracks in iTunes and ask it to convert to your desired format. This will take a long time (hours) at the end of which you will have two copies of each track with different bitrate.
Add bitrate to the column selection and remove all the 1441kbps entries (this will not remove the files since you didn't copy them in the first place).
I do all this on a single computer for both ripped DVDs and music by using two login IDs (so they have different iTunes setup). You may decide to do this on your desktop even if the final destination is the laptop if your desktop is significantly faster than the laptop.
You then select all the tracks in iTunes and ask it to convert to your desired format. This will take a long time (hours) at the end of which you will have two copies of each track with different bitrate.
Add bitrate to the column selection and remove all the 1441kbps entries (this will not remove the files since you didn't copy them in the first place).
I do all this on a single computer for both ripped DVDs and music by using two login IDs (so they have different iTunes setup). You may decide to do this on your desktop even if the final destination is the laptop if your desktop is significantly faster than the laptop.