software for converting to digital?

I plan to start converting my vinyl to digital files. I'll be using an ADL Esprit to perform the analog to digital conversion. I'd like suggestions for good software to mange the importation of the files. Audacity? Exact Audio Copy? Any suggestions on quality/fidelity, ease of use, tagging, etc would help. For that matter, any suggestions on how to approach this arduous project would be appreciated.