I don't know how different it is, but Easy CD-DA Extractor uses AccurateCDDA, and so far I have faith in it. While it doesn't have the option to rip to two simultaneous formats at once, it's pretty easy to convert after the fact. The metadata editor also seems adequately deep and easy to use. Renaming files using the metadata is also quite painless. I know, I pimp Easy CD-DA Extractor a lot. I've just been very happy with how it helps me wrangle my digital music.