Methods for transfer of albums to CD


A friend of mine has a very large collection of mint albums, including a beatles import box set, and a franklin mint jazz anthology which includes some fantastic music. I own a computer with a HP cd burner, Roxio Easy CD creator 5 software, but no decent sound card. I was wondering if any of you have had any success at creating good sounding CD's from vinyl, and what equipment I might need. I am sure I need a sound card for the computer with an analog and/or digital input, and one of the add on phono pre-amps, which I would likely use later to add analog to my system. Any suggestions and or experiences, both good and bad, will be appreciated. My current system:

Cary 808 amp, SLP 2002 pre-amp, Theta pro gen and Data, B&W 802 Matrix II, and a Windows 95 based PC with CD burner.

Mike
mike7142
Sidssp:
do you (or does anybody else) know of software for a pc that will burn a 24/96 wav file onto a dvd in dvd-a format?
Not sure if anyone else mentioned this but I believe this is a task which the tubed ART DI\O was intended to do. Many "audiophiles" have been buying these for under 200 and modifying them to perform in their systems as DAC's. However the product was intended to be used as an A to D converter.

If you do some research on ART DIO, you will learn about some very excited people who have in their opinions found temporary (until the format war is complete) audio nirvana with this unit.
Something basic confuses me about this process. If you convert the wav files to mp3s and then burn a CD-R or RW, do you need a CD or DVD player which will specifically read "mp3 CDs" in order to play the burned CD back? Some of the cheaper Sony DVD players don't read that format, according to what I've read. Is this mistaken - I mean can these burned CDs be played back on any equipment, or is it potentially a problem? I think this is on topic.... Thanks for any input.
i never make mp3's out of them, just .wav's. there are programs that will convert wavs to cd tracks as it burns them. the discs will then play in any cd player that will play cdr's.