I have done similar to what Don does, with different, higher-end software that I can access through my work. The results are very good. Then, I bought a Denon CD deck with burner that my son uses as a playback device and burner. I run it through my rig sending the analog signal straight into the Denon which has a feature that automatically creates a new track for each song based on "quiet time" between songs. If one wants to manually intitate a track break, it is also easy to do. For good clean records without a lot of surface noise, I find the quality of the resultant CD's to be equal to, if not better than, those burned on the PC, albiet no noise reduction capabilites.
If you have low noise LP's to burn, the $500 retail ($390 street) cost of the Denon may be cheaper than investing in software.
If you have low noise LP's to burn, the $500 retail ($390 street) cost of the Denon may be cheaper than investing in software.