I bought Vinyl Studio about a month ago and am very happy with it. About 15 minutes after I finish recording the LP to my MacBook Pro using VS, the music files are declicked, noise and rumble filtered, loudness normalized, and exported as 320K MP3 files to iTunes or as WAV files to a CD.
After I sync iTunes to my iPhone and iPod Touch, the music is ready to travel with me. I like to listen to LPs when I'm home but VS does such a good job of preserving music while getting rid of clicks and noise that I prefer to listen to CDs or MP3s made by VS from yard sale albums on mediocre shape because the offending noises are gone. It's not free but $30 is cheap considering how much time it saves in the recording, cleaning up, and outputting process.
Dual CS606, 1228, 1219, 1229Q