Cassette tape ripper for your PC

The Firebox Plus Deck Cassette Converter is a $130 cassette deck for your PC that comes with software for easily converting your tapes to MP3s digital audio files (the deck even has auto-reverse!). I have a TON of stuff on cassette that I've been struggling with -- there are services that will rip tapes, but they're not cheap, and when I look at things like out-of-print audiobooks that come on 18 tapes, I just can't justify spending hundreds of dollars on ripping them, but I don't want to toss them out either. When I finally get my tapes out of storage, I am so getting one of these. Link (via Neatorama)

Update: Many have written to point out that the player doesn't record to MP3, just WAVs, and that you have to do a lot of futzing to get it to work right.