Full Details from Amazon.com : http://www.amazon.com/gp/product/B00001P4PL?tag=onigi-20

Creative Labs CT4760M Sound Blaster Live! MP3

Turns your PC into a digital MP3 jukebox
5x MP3 acceleration
320 Kbps encoder
Listen to MP3 music downloaded from the Internet with full digital sound quality
Copies songs from CDs into compact MP3 files for easy storage and access