Audacity is a nice free direct sound recording software, but even if you wanna re-record 5 songs, it won't be easy. You will have to split songs manually, tag and rename them.

Replay Music can is a direct sound recording progam that can split and tag songs automatically.

AnalogWhole is free, but it might have some bugs. You may try other lossy DRM removal software. Most other programs can re-record from your sound card much faster than in real time. Besides they save tags.