NoteBurner Audio Converter
Full user review
"Run as Admin in Windows 7"
Seems to work okay for music.
Not intuitive how it works. It splits long audiobooks into 8 minute tracks on each "disc" so you are left with around 10 files. It seems to have trouble with file names for these audiobook "tracks" and occasionally quits for no reason.
As other reviewers mention, it would not work initially with Windows 7 32 bit and iTunes 9. However by starting Noteburner in Administrative mode before starting iTunes 9, it seems to work as described for music (mp3 and mp4 output). For audiobooks it seems to be a work in progress. Soundtaxi has worked much more reliably for audiobooks. However, the reviewers who say it just doesn't work should try running it in Admin mode. That might help salvage the purchase price. Personally I wouldn't buy it again, but I'll continue working with it to see if I can adjust some settings to overcome the issues I've had with audiobooks.