Perhaps this reply is a bit late. I've been doing this for a while and it works very well. I use Magix Audio Cleaning Lab 11. An absolutely top rate program that is easy to start with but has sophisticated options. I had a very expensive (in it's day) Bang & Olufsen turntable. So I picked up a used integrated amp (power & pre-amp combined) that had a phono input. I ran one of the tape outputs from RCA jacks/cables to stereo mini plug into sound card input. Volia! Works marvelously. Yes, you can just buy a phono pre-amp and go thru that to the PC or get one of the new USB turntables but if you already own a nice unit it will work fine if you follow what I did. Burned CD's sound like commercial productions if you use the clean up options in Magix, provided the LP's were half decent to start. No program can work miracles. The process is relatively quick. The longest part being the playback of the LP! One nice thing, the program auto pauses until you flip sides and auto recognizes and marks tracks except in some LP's where sonngs blend into each other in which case you mark them manually. I highly recommend it.
