Capturing music on old LP's to MP4 format for iPod?

Hi, I have a record player that can play my old LP's onto my computer, but what I need to know is: What is the best program to get to do the digital capture, and is there a way to manually name these songs and albums, so that my iPod will recognise them and display a name for the songs and albums? I have been... show more Hi, I have a record player that can play my old LP's onto my computer, but what I need to know is: What is the best program to get to do the digital capture, and is there a way to manually name these songs and albums, so that my iPod will recognise them and display a name for the songs and albums? I have been told that this is almost impossible to do in iTunes, but I am hoping that is not true, and would appreciate any advice from someone who may have done this. Thanks.
Update: Thanks JD , that was a great help.!
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