The resulting audio file can be a plain WAV file (useful for making compilation audio CDs) or the ripped audio data can be compressed using an audio encoder. Many encoders are supported, to name a few:
· Lame MP3 encoder
· Internal MP2 encoder
· APE lossles audio format
· Ogg Vorbis encoder
· The Windows MP3 encoder (Fraunhofer MP3 encoder)
· NTT VQF encoder
· FAAC encoder
· Windows WMA8 encoder.

Features:
· Direct recording of multiple tracks
· Read / store album information from/to the cdplayer.ini file
· Read / store album information from/to a local and/or remote CD Database (CDDB)
· Support CD-Text (if your CD-drive supports it)
· Advanced jitter correction (based on the cd-paranoia ripping library)
· Indicates track progress and jitter control
· Normalization of audio signal
· Supports many CD-Drive from many manufacters
· Conversion of external WAV files
· Support for M3U and PLS play list files
· Best of all, it's free (GPL license, source code available)
· Serveral languages are supported

Download: CDex 1.70 Beta 4 (8.3 MB) | CDex 1.51 (2 MB) | Portable CDex 1.51 (1.9 MB) | Screenshots | Homepage