When I want to rip old CDs in iTunes, I get a lot of songs with hiccups -- even with error correction enabled in the Preferences. To make perfect audio rips, there is a tool for unix called CDParanoia, but it is not there for the Mac (yet).
However, I discovered the UNIX tool cdda2wav uses CDParanoia to rip CDs from version 2.0. I installed it with fink (cdda2wav-beta) and ejected all CDs. Now enter this command: cdda2wav -paranoia -B dev=IODVDServices and it will rip all your tracks slowly but more precisely. There is even a script included in the original distribution to name the tracks. Now, if only someone could write a cocoa interface for this!
Mac OS X Hints
http://hints.macworld.com/article.php?story=20031112194540321