Here’s the way I do it at the moment:
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I’m playing the record on a Pro‑Ject 1 turntable
with an Audio Technica AT95E cartridge,
amplifying the signal with an Acoustic Research A‑03 integrated amplifier
and passing it through a Sony MDS‑JE500 MiniDisc deck
which is a bit closer to my computer.
The audio gets recorded from the MD player’s headphone jack via a ¼" to ⅛" headphone plug adapter
with a stereo mini to RCA adapter
plugged into it, followed by a five metre RCA cable
and another one of these
at the other end plugged into the line in/external mic jack on my G3 iMac.
I’d record the audio stream to the hard drive with Sound Studio 3,
possibly clean it up with the Audio Unit plug‑in version of BIAS SoundSoap 2,
set track markers and export the segments as 16 bit .aif files, before converting them to 192kbps .mp4 with QuickTime Pro (to get it to use the ‘Best’ encoding setting, iTunes only uses ‘Better’ or ‘Good’ supposedly, can’t remember which).
So far, I’m satisfied with the results. Doesn’t even take that much longer than ripping a CD with iTunes.
That said, I haven’t quite made my mind up whether I’ll continue to clean the audio up, or just leave it the way it is. The one record I’ve used SoundSoap on turned out quite well, which surprised me somewhat, I expected automatic restoration to be rubbish.
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How do you do it?