As per all above...
Come off your stereo, from RCA line outs, to a stereo 1/8" plug. Radio Shack stuff.
Plug this into your sound card's Line In.
Use Goldwave, from www.goldwave.com to record, as above, 16 bit, stereo, 44khz sampling.
Set Goldwave to record from line in.
After you record your wav file, in Goldwave, under Effects / Filter / use the Pop/click filter. This will removed the Rice Krispies.
NOW you can save the file, and after you have done each track like this, you can burn them to CD-R, via Adaptec or other CD burner program, as a music CD. Don't waste money on "music CD-R's".
Helpful hints... when burning CD's, turn off your virus scanner, and everything else you can do without. Do no multitasking.
If you are making coffee coasters instead of CD's, you may not have enough RAM. YOu need bare minimum, 128 Mb, but 192, 256, or more is much better.