Try installing kio-audiocd and popping in an Audio CD. This is a one weird trick which will leave you amazed. :D

Edit: Why someone downvotes the most innovative CD ripping solution on the planet is beyond me. =)

Spoiler: the CD tracks appear as MP3, Ogg Vorbis, maybe Opus? (it's a very old feature) files. Copying one of these virtual files starts the encoding process.

	▲	bayindirh 3 days ago \| parent [-]
		It presents WAV, MP3, OGG, FLAC, CDA & CDDB folders. Copying a folder starts encoding on the fly. KIO also talks with CDDB info providers, so the files come reasonably tagged. Encoding and tagging can be configured in System Settings directly. In short, it's neat.