From what I can find, yes. An old PC with a drive is around $300, but a standalone CD player/encoder costs between $800-$6,000. I did find a unit that says it encodes (rips) a CD, but not sure of the quality...
I am in need of some help. I am working with a group that wants to use an iPad for performance track queuing. That's the easy part. They have guest performers that bring CDs with them occasionally, and need to allow them to play their tracks via CD. That's easy as well. The problem is that...