I helped another AKer with this a few months ago. <snip>
...and I'd be that AKer.
I gotta tell you Jay's suggestion was spot on. I have completely enjoyed the use of my Korg MR-1 for ripping LPs. I picked mine up for $180 on reverb.com. I occasionally see them go for close to that on the auction site.
While I had never recorded LPs before I had done PC-based recording before and his point is exactly right: the external recorder does away with all the issues that crop up when recording from a PC-based sound card. I run a tape monitor out from my preamp right to the Korg, spin the LP, and just let it do it's 20 minutes. I can do anything on my PC while I'm recording without any fear of screwing up the rip whatsoever. And, I can bring the Korg anywhere I like and record...an added bonus.
I was originally recording to 24/192 WAV directly but now, just for the space savings with the masters that I always keep, I record to the 1-bit DSD and use Korg's AudioGate to convert to WAV for editing. It's just one more step and takes just a couple minutes per album side.
I'll also second the suggestion of RX4. It's quite literally amazing. Working in the spectral display you can see pops and clicks visually. When an LP is very clean I repair pops and clicks manually, just going through the side while listening in real time. You can actually see some that are otherwise inaudible unless you're listening VERY critically. The denoising module is extremely configurable. Do have a quick machine though, it's a hell of a lot of math. I bought a machine just to process audio on that has an SSD and HDD in it. I actively process on the SSD and use the HDD for temp storage before final product gets to my NAS and ultimately to CrashPlan.
I'm going to link a few songs that were done with the Korg MR-1 and RX4. I won't leave these up forever but if you grab them you can get a taste of what this thing can do. All 24/192 FLAC and no processing other than declick and denoise. A couple may be a little quiet, I need to do a better job of normalization on an album side. Forgive me for being a classic rock fan.
I'm still learning the Korg and RX4 but I get better and quicker every iteration. I couldn't be happier with how the Korg works and at the prices you can get them for compared to a real, quality internal sound card I don't know how you can possibly do better.
Oh, recording equipment: AT AT440MLa cart -> Onkyo CP-1057F TT -> Yamaha C-70 preamp -> Korg MR-1
Enjoy.
Fleetwood Mac - Rumours - Secondhand News:
https://www.dropbox.com/s/vj2idpbs6gh4ju0/01%20-%20Fleetwood%20Mac%20-%20Rumors%20-%20Second%20Hand%20News.flac?dl=0
Alan Parsons Project - I Robot - I Wouldn't Want To Be Like You:
https://www.dropbox.com/s/e6bd9yit7q38wx3/02%20-%20Alan%20Parsons%20Project%20-%20I%20Robot%20-%20I%20Wouldn%27t%20Want%20To%20Be%20Like%20You.flac?dl=0
Steve Miller Band - Fly Like an Eagle - Wild Mountain Honey:
https://www.dropbox.com/s/5eqs021p0y25re9/03%20-%20Steve%20Miller%20Band%20-%20Fly%20Like%20an%20Eagle%20-%20Wild%20Mountain%20Honey.flac?dl=0
Boston - Third Stage - Hollyann:
https://www.dropbox.com/s/nadw680vou2rwzc/Boston%20-%20Third%20Stage%20-%2010%20-%20Hollyann.flac?dl=0 (This LP was especially clean and dynamic...I get blown away every time I listen to this.)