I do it the poor man's way:

I rip the CD onto my hard drive but as the rip starts, I hit stop. Then I go to the edit function for each track and enter the track title. I also edit the CD title, artist, year, genre and all that. Then I continue on with the rip. When it's done, I transfer it all to a CD in audio format. It can be a lot of typing and I've still had it not take but it usually does.