From the developer: "Precision CD WAV MP3 Converter is designed for beginners and advanced users alike. Drag and drop any number of files to the Conversion List. Controls have a simple, logical layout. Pop-up ToolTips help make the interface self-explanatory. Create very high-quality output with precise control over conversions. MP3 encoding uses CBR, VBR, and ABR modes. Use Automatic Easy Presets for simple MP3 creation or choose the Manual or Expert modes for more extensive settings. Convert to and from all supported formats: WAV, MP3, Windows Media Audio 8 and 9, and Ogg Vorbis. There's also a WAV recorder that can capture and convert records, tapes, streaming Internet audio, microphone, or any sound, to the digital WAV format. All converter and CD extractor settings are saved on exit. Package includes LAME-MP3/OGG Encoder, v3.92 MMX, and Windows Media Audio 8 and 9 codecs. The included Precision Digital Audio Extractor makes exact digital copies of audio CD's using automatic error correction. Retrieve and submit CD information using the online FreeDB database. Keep your music collection organized with automatic: track naming, artist/album folder creation and MP3 ID3 tagging. There's also an ID3 tag editor. Tracks are saved as WAV or MP3 (CBR or VBR). Windows 95, 98 and ME users can also extract CD tracks shown as WAV's in Windows Explorer.

"This update adds support for all Windows platforms and features new: file formats, progress indicators (DOS Window removed), CD extractor, interface enhancements, and drag and drop support."