There are several that will. Easy CD-DA Extractor and Musicmatch are what come to mind right away. I prefer SoundForge, though. The problem is that they aren't transcoded; they're resampled, and you lose the resolution of the sine wave and it starts sounding crappy.
EP, glad to see you come back and tidy up...did want to ask a one day favor, I want to enhance my resume , was hoping you could make me administrator for a day, if so, take me right off since I won't be here to do anything, and don't know the slightest about the board, but it would be nice putting "served administrator osnn", if can do, THANKS