The question is, is it optimized for this task? This is one of those cases where Microsoft pretty much did it right: their Analog Recorder does very good automatic track-breaking, easy track joins, good pop/hiss reduction, and so on -- you just walk through the wizard, and it does the right things. It's designed for exactly this purpose, and works well for it, provided you accept the "WMA Is The Only Answer" religion. (Which I don't, which is why I wind up jumping through a few hoops.)

Really, I ought to take a deeper dig, and see if there's a way to make the thing output the raw WAV files that I'd bet it's using under the hood. That's briefly space-heavy, but that's okay: I'd then just write it to CD, and rerip it as the more-useful MP3 immediately...