Hi not sure why it's so slow, as those specs are okay. I prefer to use Grip, which I've found has got better and better over the years. My current version knows all the track titles, musical genre and the production date on the CD!
It'll rip to OGG format by default, but needs an mp3 library to convert to that format. OGG is great though, so no problems there.
Hope this helps you. 
__________________ I am always doing that which I can not do, in order that I may learn how to do it. - Pablo Picasso |