This is pretty cool since I have eliminated a bunch of software including Wavelab and Ozone (as well as my computer at this time) from my studio.
One can save a song list as a 24 bit AIF file on the masterlink (CD24 option) then open it up on their pc/apple in Itunes.
From Itunes you can drop down in the "Advanced" portion of the toolbar and then click on "convert to MP3"- it does a great job!
check it out if you want (dig my old school ADAT recording kids!) 1.1 meg:
http://www.woolyinc.com/Sound Files/SONG2.mp3
You will probably have to cut and paste this- I'm a noob and can't get the HTML to work yet, so bear with me. thanks
W.H.