A/D recording suggestions and tips anyone?

I plan to transfer some of my LP's to disc simply to hear the music and save the wear on the vinyl. I'm wondering about recorders, A/D converters, burners, cheapest way to do it, best way to do it, pitfalls and possible mod's to my turntable that might be required. I'd also like to know if there is a way to encode it for HDCD aside from the Euphonix Model 2 studio type processor that I'd guess sells for 50k.
You aren't going to find any affordable HDCD encoding devices. Your best bet is to purchase an Apogee Rosetta A/D with built in UV22 (approx. $1K on the used market). It is one of the finest and yet afordable A/D's on the market. I would also mate it to an HHB CD-R... the HHB makes an excellent recording. The key to remember with digital recording is utilizing the most # of bits possible. With the Apogee, you can hit the A/D close to clip on the 24 bit converters and the UV-22 does a very nice job dithering it to 16 bits. However, keep in mind if you clip digital, it does not do it gracefully like analog does. If you want more advice, drop me an email...
You have two basic choices, either a stand alone CD-R or a computer based recording/editing software with an integrated CD burner. Each method has its benefits and either method can produce quality results, however, the computer based method offers greater user control and when optimally setup, will outperform a stand alone CD-R.

There have been several threads on CD-R units. People seem to like the HHB, but Sony and Yamaha also make high quality units.

I am currently transferring part of my vinyl collection to digital and I am using the following setup. An Apogee A/D converter into an Apple G4 via an RME soundcard. The recording software is t.c. works Spark XL. On occassion I will apply "corrective" EQ to what I consider a poor recording, but more often I use a declick algorithm to clean up the surface noise on older records. It won't make a badly scratched record sound like pristine vinyl, but it will remove most of the crispy/crackle artifacts.

The key to the transfer process is setting the correct signal level into the A/D converter. Set it too high and there's a nasty type of distortion. Set it too low and you loose bit resolution. It's my experience that I can produce digital copies that are sonically better than many commericial remasterings. (This was not the case when I used a Yamaha CDR1000.) The transfers are not indistinguishible from the originals, they are inferior, but not dramatically so. The loss in quality is apparent in a direct A/B comparison, but not otherwise.

Regarding HDCD, I know of no consumer oriented product that performs the encoding. You might be able to find a used converter in the $10k range. As such it's not a good value when compared to the Apogee UV process or any of the software dithering solutions.
Does anyone know of software that will convert a 24/96 wav file to DVD-A?
Depending on how far into this you'd like to go, I think it would be much more fun in today's world to record to dvd, with at least 96k/24b output. There is some assumption of video with dvd also, but , hey, it might be interesting to see what you can do. This link is worth checking. You'd also need dvd encoding software, like the DVDIt product from Sonic Solutions, and a DVD-r burner.

How about trying the ART Di/O? It has a A/D section? Available at fullcompass.com for $122 plus shipping.
Great advise. Other options are:

1)Sony's Cdr33 or 66: both have sbm encoding and is an
affordable alternative to spending big bucks.

2)Alessis Master link: This can record red book cd's as well as 16/20, 16/24 and 96/24. However, in order to do so use must use their machine. It used standard CD's as its source for data storage and is thus proprietary.
There's quite a few smart guys on here. I'll look into each and every suggestion. I'm in no big fat hurry as I've got to rebuild and hot-rod my TD125MK2 first. I've yet to find a web site specific to this turntable. Hard to believe considering its past popularity. Side Note. Got a call from the Euphonix rep about his Model 2 studio A/HDCD processor that does everything but chill your beer. 15k NIB...I was guessing much, much more considering everything you can do with it. Oh well, maybe for Christmas....thanks again.