EAC is definitely the way to go to extract audio information off a CD and create WAV files. That said, if you really want to go S/PDIF into your computer, there are many programs that will record the signal exactly.
Audacity is a good freeware program:
http://audacity.sourceforge.net/
and a GREAT shareware program is CD Wave:
http://www.milosoftware.com/cdwave/
both programs will do what you want, record an S/PDIF signal to a WAV file. If you go with this method, you'll probably want to to break it up into tracks. CD Wave is designed exactly for that purpose, and will always cut on multiples of a CD sector size (1/75th of a second), so that you will avoid sector boundary errors.
all that said, EAC is probably a better method anyway, and quicker than the real-time transfer from an S/PDIF signal.
Audacity is a good freeware program:
http://audacity.sourceforge.net/
and a GREAT shareware program is CD Wave:
http://www.milosoftware.com/cdwave/
both programs will do what you want, record an S/PDIF signal to a WAV file. If you go with this method, you'll probably want to to break it up into tracks. CD Wave is designed exactly for that purpose, and will always cut on multiples of a CD sector size (1/75th of a second), so that you will avoid sector boundary errors.
all that said, EAC is probably a better method anyway, and quicker than the real-time transfer from an S/PDIF signal.