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I use db poweramp for all my conversion/ripping. Its absolutely awesome and you can get a codec pack for it that has pretty much any codec you would ever want to use. You can set your cd drive up with it as well and use it to do secure and accurate rips.
There is a free online utility that'll convert your files from a massive amount of formats (completely free & nothing to install) > http://media-convert.com/
They make their money from long-term hosting and advertising - we use it all the time.