audiograbber, and I believe foobar2000 also will. possibly dbpoweramp and maybe EAC (Exact Audio Copy).
foobar2000 was free, but it seems to only convert to WAV, which is where I am starting. Anything a total moron like myself can use? EDIT: I found the approrpriately titled "Lame" http://www.soultoneamps.com/SoundClips/LondonerVol6LPBridge2.mp3 Much smaller files! What a learning curve this stuff is.
audiograbber is also free now, and very easy to use. foobar2k is well liked and very full-featured but a little harder to get around. haven't tried it but have read good things about dbpoweramp, and it will also definitely do what you want to although isn't freeware like the above. EAC is free but I haven't tried to convert btwn file formats with it, altho I'd be surprised if it didn't also do it.
