Hi! I dunnut know if it's the best but I use the program:
Easy CD-DA Extractor under XP.
It rips in every format (I hope) available and the interface is very easy to use. The choice of settings are click-selectable.
It rips CD, it encode to other formtas,it burns music cds to wav or to digital formats.
I rip my cds in Flac level 0 and then I rip or encode from Flac in Ogg level 2 and 6(96k and 192k) depending in which player it will go. I had no problem whatsoever with the program. And as I bought it( not expensive) I have free updates.
I was wondering if it was efficient as I have no comparaison but I believe it must be as it uses the standard format of Flac,Ogg,mp3,wma,etc.
Only bug I found was with long name of track(info): when too long it runs an error on that track, meaning I shorten the filename + info and do it again then it's always OK.
I checked other encoder but I do not have the time to start to learn a whole lot of commands/settings to make them runs, so I decided to stuck with Easy CD-DA Extractor.
regards,