CDEX is a CD Ripper with CDDBFree interfacing that I have been using for years. Pop in your CD, click the "get CDDB data" button and if it is in the CDDB, all the track names and information is loaded automatically.  Sweet! CDEX supports many encoder like:

•     Lame MP3 encoder
•     Internal MP2 encoder
•     APE lossles audio format
•     Ogg Vorbis encoder
•     The Windows MP3 encoder (Fraunhofer MP3 encoder)
•     NTT VQF encoder
•     FAAC encoder
•     Windows WMA8 encoder

In addition, WAV files on the hard drive can be converted to a Compressed Audio File (and visa versa). CDex also supports many audio file tag formats like the ID3V1 and ID3V2 tags, which can be automatically inserted as part of the ripping process. 

Download from their website: http://cdexos.sourceforge.net/