Xilisoft MP3 Converter can help you re-encode audio files as well as extract audio from video. Although it seems to support only MP3 as output format, it actually allows converting to a much wider range of output formats comprising ACC, AC3, AIFF, OGG, RA, WAV and WMA.
The program has a nice and intuitive interface suited for batch conversion. As stated above, you can import both audio and video files of almost every popular format. Not only individual files can be added but also complete folders as well. At this point, you can also preview the files to check their contents.
Besides converting, the program allows editing the files. Thus, you can use it to extract various audio segments from the source file. Fortunately, unlike other similar programs, this converter enables creating as many new clips as necessary. In addition, you can apply such effects as fade in, fade out, normalize, chorus and echo. Moreover, the program lets you split the resulting files according to the given file size and time length.
One of the main advantages of the application is that it allows adding multiple conversion profiles to the same source files. For example, you can extract audio from a given music video clip as MP3 and WMA in a single session. The output profiles can be customized to fit your needs and even new ones can be created for later use.
All in all, Xilisoft MP3 Converter is an excellent audio converter. It comprises multiple features that can turn your conversion into a pleasant and successful experience. Unfortunately, neither its help nor its description is about its supporting audio CD ripping.