yes, DVD FAB PLATINUM can do that (split to 2 discs).
This option should be taken into consideration,when the movie is longer than 180 minutes or has any extras that should be kept, which would drop the quality of the video image below 50%.
If the image quality is above 50-80% I suggest to use DVD Rebuilder and for shrinking quality above 80% DVD Shrink (with deep analysis) to shrink the DL to SL.