G'day,
I have transferred all my folk LPs to CD, took about a year to do at about 2 LPs per week. I used Cool Edit Pro to record onto hard disc, then denoise, declick, and separate into individual tracks. Cool edit is excellent at all this. Also extremely good at removing hiss from tapes. It's all a bit time consuming (for the computer at least) but the result is worth it. Hearing your old recordings without the crackle & surface noise is great, & the convenience of CDs means I'm hearing stuff I hadn't played for years.

I use Easy CD Pro for burning the CD. Use "disc at once" mode to avoid clicks between tracks, making sure before you start that you have enough to fill the CD (up to 74 min).

Cheers,
Alan