Goto File-> Compression Options and you'll see Browse somewhere (I'm not at home so I can't give you completely accurate steps), click Browse, find the oggenc.exe (I think it's that), set the quality you want, happy encoding. I just rip the my CDs to WAV then convert them using OggdropXPd.
Oh, thanks. I had figured out that much, but I thought that there were so command line options that you need to set up to get the best results, like when your ripping to MPC. It's simpiler anyway to leave my mpc setting alone then and just rip to wave like you said and then use oggdropxpd ... thanks again.