Audio CD rippers are plenty, and Exact Audio Copy is not much different in terms of functionality. It rips audio CDs using standard CD and DVD-ROM drives. Where it differs from the lot of audio grabbers is that it is free (non-commercial use) and that it uses an advanced technology for almost perfect reading of audio CDs.
The main advantage of using EAC is that if there are any errors on your CD that cannot be corrected, the software will tell you the position on which the distortion occurred, hence making it possible to control it with Windows Media Player (or any other player that you choose to use).
The interface is rather simple, and when a CD is inserted the software will automatically show all the tracks available for ripping. The software hosts quite a few music processing options, such as WAV comparison, splitting WAVs by CUE sheet, removal of gaps and more. It will also look up the audio CD information from the internet.
Under the EAC menu, you will get all sorts of configuration options, for the program itself, the compression used, drive and database options and more. Again, you can explore the options and tweak the program as per your needs.
In terms of features, EAC contains jitter correction, detection of read errors, copying music data and not only tracks, support for LAME DLL, batch conversion to WAV files, and much more. It worked fine on our Windows 7 test system.