WMA, MP3, OGG, WAV, APE, and FLAC are the formats that you can send straight to your music CDs. And thanks to ID3 Tag, you'll get to generate different song names and artists very comfortably, even if this information isn't on your CD.
Also, clicking on the CDDB button gets you automatically downloading all the information on each CD from the internet.
Fast CD Ripper works very well and is super fast even on modest machines. It's an excellent tool that's easy to use and lightweight.