Turning down the level within the software didn't stop the input clipping, it decreased the volume but didn't stop the distortion. I did turn the resolution up to max while looking for a solution in "preferences".
On some recordings, it was fine except on extreme peaks (which you could clearly see on the graphical display) you would get a an unpleasant crash at the peak. On others the crashing was almost continous because the recorded levels were that much higher. I always knew the levels on vinyl varied, but didn't realize how much.
I was 99% sure it was overdriving the sound card (I'm not sure at what voltage it occurs, I was too lazy to drag a scope in from the shop).
Feeling like a quick project I built a little attenuator box with a Master Level and individual Level pots for left and right. The shack did have RCA to 1/8" stereo cables with attenuating resistors built in in several different db drops, but not knowing exactly how much I needed, I opted for the adjustable solution. I'm glad I did, as there is quite a difference in optimum settings from record to record. It cost me $45 inc tax for everything I needed, and that includes enclosure, knobs and 8 RCA jacks so I could hook up external level meters on the in and out if I feel like it. The bill even included a couple of 3' patch cords, so I'd guess you could do it on the cheap for about $20. If anybody wants info on it, I'll post it.
Last night Greg (my older son) and I recorded a couple of tracks, trimmed them, converted them, and installed to the Ipod with excellent results. Now I have an excuse for a nice long listening session.
Thanks for the help.