Hi there
I used to use Audacity too -- for Vinyl.
Once you've got it into WAV i'd suggest converting it to FLAC as this is compatable with a lot of music players, tagging is easy and it's still LOSSLESS. You'll get files of about 1/2 to 1/3rd the size of WAV and these are still LOSSLESS too.
I have a Squeezebox music streamer system which plays native FLAC too so I don't need separate libraries for "Ex Vinyl" and "Ripped CD's" either.
Another trick is after you've got the Album into your "digitized" tracks you can make an "Image Audio CD" directly from the FLAC -- takes seconds. Use NERO with the "mega plugin" feature to create an Audio CD from the FLAC data from your Vinyl Album.
Mount the "Virtual audio CD image" and then use Winamp to retrieve the Music metadata (tags) automatically from the Gracenote DB and you've got all your tagging done automatically.
(You can re-rip this again to FLAC which will tag the tracks for you automatically if you don't want to use a tag editor with a lot of "cut and paste").
Also you can also Burn to a Real CD if you want for playing in a conventional CD player or a car CD player.
If you DO convert to MP3 format for IPOD's etc I still recommend you keep the FLAC LOSSLESS data as you'll want eventually to listen to the original quality of your music without having to re-copy / edit again.
The main problem with "digitising" Vinyl is that it has to be done in "Real Time" since it's an analog source and you still need the "Stylus" to play and read the tracks to pass to the computer application.
Don't use any equipment that says "High speed copy" You'll damage the Vinyl Disc.
Cheers
jimbo
