What is the best way to convert LP's to CD's?

I'm getting ready to purchase a new Dell computer. I would like to convert some of my LP collection to CD for the conveniance. Besides a sound card do I need any other equipment? What do you all use and recommend? What types of CD\R or CD\RW sound better? Will I need some type of DAC to convert the analag to digital? I'm new to this process. Please let me know.
if you want the best recordings try a separate audio cdr the will burn at a 1:1 ratio.(i own a Dell too dude!! forget it as a piece of audio equip.) there are many cd-recorders out there, i think of them as the cassette recorders of today.
my Philips 950 is a nice single well that will accept the signal straight from a phono preamp
playing with the thing, i've found that it will transfer the sound of a cdp to a disc that a dual-well or my Dell can't match.
Dogeatpuppy is absolutely correct. It's tedious, but the results are best. I own the Philips 880 CDR, use Imation and Sony blanks and get decent results. You will have to baby sit the operation.
I've used 3 different Pioneer CD recorders (at 1X speed) with excellent results, and presently use a Marantz CDR500 that is also excellent at 1X or 2X-- but more expensive than the Pioneers. Cheers. Craig
Go to the following link for LP Ripper and Recorder. You may wish to upgrade your sound card. The best I've used thus far is the ESI U24 a 24 bit 96 kHz sound card. We sell it on our website because we use it for test and measurement purposes. Go to the software section of the Rives Audio site.
I should have added my current favorite burning software is Nero which comes with the new Yamaha CRW-F1 High speed drives (although we burn at 1x it's capable of 44x burning.)
Blow torch!
Rives is absolutely correct! actually, he uses exactly the same programs beginning to end i do with master-quality results. i just made a copy of my MFSL david bowie ziggy stardust LP and burned it with nero's advanced master-quality-thingie and the burned cd sounded better than the ryko release when played in my cd player. i use an audiophile 24/96 sound card by midiman, which has gold plated rca inputs and a fantastic A/D converter.
The one box units work well. A separate unit A/D converter will give you more options and flexability to upgrade other components in the signal path.
I use the Digital Audio Labs Card Deluxe with Sound Forge software. Great results.
hey lazarus28..:) i picking up a used nero burn cd thanks to advice rives..:) but it's not coming with a instrucions book.... so tell me how to access the advanced master quality thingie(sound yummy)

sure i'll figure it/find it 2 months after i get the cd/i'm that slowly...
Deluxe: It's a good point--documentation on the Nero is not great--that's really it's only downside. It took me a long time to figure out how to get it to burn with the correct options and even longer to get it to read slowly for mastering. I should take some time and write down all the settings (and how I accessed them) to share--and in case I ever need to set it up again.
Rives talked about a sound card digitizing to 24/96. I take it you then use a DVD burner and either DVD-R or DVD-RW media. Correct?
Beowulf: not necessarily, in fact I don't. The 24/96 is the converter. That doesn't necessarily mean that it's saved in this native format (although you can) nor does it mean that you write to this format. In my case it's burned to CD-R and the bits are truncated. Of course, DVD at this sample rate would yield better results, but I don't have a DVD burner.