What is the best way to convert LP's to CD's?


I'm getting ready to purchase a new Dell computer. I would like to convert some of my LP collection to CD for the conveniance. Besides a sound card do I need any other equipment? What do you all use and recommend? What types of CD\R or CD\RW sound better? Will I need some type of DAC to convert the analag to digital? I'm new to this process. Please let me know.
128x128sgr
I've used 3 different Pioneer CD recorders (at 1X speed) with excellent results, and presently use a Marantz CDR500 that is also excellent at 1X or 2X-- but more expensive than the Pioneers. Cheers. Craig
Go to the following link for LP Ripper and Recorder. You may wish to upgrade your sound card. The best I've used thus far is the ESI U24 a 24 bit 96 kHz sound card. We sell it on our website because we use it for test and measurement purposes. Go to the software section of the Rives Audio site.
I should have added my current favorite burning software is Nero which comes with the new Yamaha CRW-F1 High speed drives (although we burn at 1x it's capable of 44x burning.)
Rives is absolutely correct! actually, he uses exactly the same programs beginning to end i do with master-quality results. i just made a copy of my MFSL david bowie ziggy stardust LP and burned it with nero's advanced master-quality-thingie and the burned cd sounded better than the ryko release when played in my cd player. i use an audiophile 24/96 sound card by midiman, which has gold plated rca inputs and a fantastic A/D converter.