I'll second the Tascam option. Paulg805 is correct. It's MUCH easier - and less expensive in the long run - than doing it through a computer, and the results are far superior. The Tascam CD-R4U is a small, inexpensive 20 bit CD recorder that does a great job & is available for around $325-350. It also make a very decent stand-alone CD player in its own right - maybe for a second system while you're not burning LPs - and you can even connect it to a computer through its provided USB port to use as a CD burner for your Mac or PC! It has a headphone jack with adjustable volume control to monitor while you record and a remote to add track index numbers on-the-fly as you record. The Tascam CD-R700 and CD-R2000 are full size units that are even better if you want 24 bit capability. Feel free to e-mail with any specific questions. My home-made CDs recorded on the Tascam from vinyl sound better than the commercial releases of the same CD - even the gold MFSL & other so-called "audiophile" CDs. The difference is staggering. If you've got a decent vinyl setup you can make some really great CDs for yourself.
Cheers,
Ed
Cheers,
Ed