What is the best way to convert LP's to CD's?


I'm getting ready to purchase a new Dell computer. I would like to convert some of my LP collection to CD for the conveniance. Besides a sound card do I need any other equipment? What do you all use and recommend? What types of CD\R or CD\RW sound better? Will I need some type of DAC to convert the analag to digital? I'm new to this process. Please let me know.
128x128sgr
Rives is absolutely correct! actually, he uses exactly the same programs beginning to end i do with master-quality results. i just made a copy of my MFSL david bowie ziggy stardust LP and burned it with nero's advanced master-quality-thingie and the burned cd sounded better than the ryko release when played in my cd player. i use an audiophile 24/96 sound card by midiman, which has gold plated rca inputs and a fantastic A/D converter.
The one box units work well. A separate unit A/D converter will give you more options and flexability to upgrade other components in the signal path.
I use the Digital Audio Labs Card Deluxe with Sound Forge software. Great results.
hey lazarus28..:) i picking up a used nero burn cd thanks to advice rives..:) but it's not coming with a instrucions book.... so tell me how to access the advanced master quality thingie(sound yummy)

sure i'll figure it/find it 2 months after i get the cd/i'm that slowly...
Deluxe: It's a good point--documentation on the Nero is not great--that's really it's only downside. It took me a long time to figure out how to get it to burn with the correct options and even longer to get it to read slowly for mastering. I should take some time and write down all the settings (and how I accessed them) to share--and in case I ever need to set it up again.