My settings are:
Rip
Ripper: grip(cdparanoia) Rip file format: ~/mp3/%A/%d/%n.wav
Encode
Encoder: lame Encoder executable: /usr/bin/lame Encoder command-line: --vbr-new -V 2 -b 128 -B 320 %w %m Encode file extension: mp3 Encode file format: ~/mp3/%A/%d/%t-%n.%x