Audacity
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Full user review
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"good basic recording features"
Pros
good quality codices support, good support for program questions in help and forums
Cons
when ripping LP, it can be hard to break a LP side into its tracks; after a side has been ripped. however, fairly easy to break side into tracks if you listing, live for the breaks. all in order to create CD with tracks just like the CD from a retailer you can surf through by song.
Summary
all and all, good tool to record for intermediate user, could be improved in how the track breaks are detected during ripping LP; or better, setting for low noise vs length of time of low noise threshold (led in/out) so tracks are added more reliably, automatically.