After more than a year, a new version of this very good, free music ripping soft.

* Wave editor and native interface stability improved
* Many bug fixes (E.g. extraction engine crashes, CDDB problems, compression queue)
* Added interface for CDRDAO for CD writing
* Inserting all tracknames from Clipboard using Ctrl+Shift+V

>> http://www.exactaudiocopy.de

For ripping to mp3, you need the LAME codec (http://mitiok.free.fr)