Finished encoding, cleaning the sound, burning, and labeling the first LP converted to CD using the new USB turntable. Works fine, except for the fact I have to use Audacity to record to the hard drive, then do the cleaning/editing in Roxio Easy Media Creator 10, since for some reason, I can't get any audio output during the recording process using Roxio.
First project using the new turntable was "James Bond Greatest Hits", an import album I bought in the mid-80's. Covers all the Bond movie themes from "Dr. No" to "For Your Eyes Only", plus a couple of extra tunes from the films.