Thanks for the input guys, and the info on AC3. I knew that AC3 wasn't exactly lossless but by recording the vinyl this way I still maintain the rich sound and don't lose any intricacies of the music itself. I know what you mean about the clicks. I have to use that function sparingly on some albums because even if the album has some clicks, if you begin to filter the clicks out you also begin to lose some of the little sounds you get from the drums, cymbals, or high pitches on acoustic guitars. It's almost like the sounds get muffled and you lose the feel of the song. I only use it on older albums that are not in great shape. I occasionally just have to tweak the EQ if I want to lose the clicks and maintain the sound. If I can't lose the clicks and maintain the sound I want then I just scrap it altogether.