He did not say he was making WMA's, could be MP3's
Don't use media player, wma sucks. Especially if you want to use the music on devices like phones and personal music players. I use CDex, which will rip into several formats at whatever quality setting you want.
CDex is my usual method.
Both it and iTunes will think its ripped an entire disk in about 3 seconds, but the files are only a few bytes big.
WMP10 is the only thing ive found that'll do proper rips.
I use Vista64 because i have 4Gb of memory.
that's unusual. have you tried EAC for the ripping with LAME?