Another one that will do it is Media Monkey.
Yes, I currently use a registered copy Media Monkey for this task. However, I was hoping for something a little more streamlined and automated.
Today my process involves using the EAC solution to scan a CD and create the FLAC file (this actually involves 3 steps - Step-1: verifies album content with Freedb, etc. Step-2: create the wav files. Step:3 compress the wav files into a FLAC files and delete the wav files).
After the FLAC files are created, I have to add the files to the Media Monkey library, select the ones I want converted to MP3 and then perform the actual conversion.
After the MP3 files are created, I then go to iTunes and add the new MP3 files to the iTunes library. Then I can synch with the iPod to get them on my portable device.
Many times, the files created either by EAC or MM (especially CDs with multiple artists) don't end up tagged properly in iTunes, so the tags have to be edited manually before they are sorted or organized properly in iTunes.
As you can see, this is a long, time consuming, tedious and error prone process. When you start factoring in some 300-400 CDs, you get really overwhelmed and disenchanted with the whole mess.
And that doesn't even include finding album art and loading it into iTunes or MM to be associated with the files so it can be used for cover flow and so on.