Leapfrog,
RealJukebox can pull MP3s from CDs (but at 96Kbs as opposed to 128Kbs). The default setting in RealJukebox is to convert to Real Audio files, but this can be changed in the Tools, Preferences menu.
Select Audio Quality and choose MP3.
Jukebox will now work in the same manner as AudioGrabber and will extract the raw data and convert it to MP3 (even while it's still playing).
Hope this helps.
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Gurnerworld
Brainbench MVP for MS Excel
http://www.brainbench.com