I have a http://audio.teac.com/product/ad-rw900/ that I am using to convert a few old LPs and audio cassettes to MP3s. It will also record directly to CDs, but that is another storage problem...., not as bad as LPs and cassettes, but.... (a lot of it is just personal memories, but a few old LPs might be of interest to folkies..(a paper sleeved LP called "Olden Ballads" with Richard Dyer-Bennett on one side and Tom Glazer on the other)
I don't pretend that it is professional quality studio results, but it is a way to save things *I* recorded years ago and LPs rare and long out of print with no commercial CDs that I can find.

It is slow, real time work on a set with many non-intuitive settings, but I am successfully getting copies of recordings I made up to 40 years ago!
I doubt I will ever work my way thru the entire mass of stuff, so I'm being pretty picky about the order in the times I find to work on it.
If I win the lottery, I'll pay some pro outfit to do a bunch... I guess I better buy a lottert ticket, hmmm?