I imagine a good quality linear turntable jacked to a good receiver jacked to the input jack of a good sound card in a PC - then rip to whatever suits your fancy...
About 10 years ago someone gave me a stack of about 50 records, all reggae and blues. Some good stuff I 'd like to listen to but dont want to spend on CD's. So I'll go out and spend a couple hundred on a new turntable and jacks and I can listen to the classic scratchy chit
I saw a machine advertised that does just that, record records to CDs. As I recall it was about $300. It had a retro look to it. I think Linens and Things carries(d) it. I have no idea how good it is.