I don't like the idea of spinning my precious LPs "very fast" !!
I think you might have been misinformed Audrey. There are switches on the turntable to select 33 or 45 RPM and the only 'unusual' speed setting is if you wish to play a 78RPM disk. You play this type of disk at one of the lower speeds and then use software to correct the speed back to normal. So your LPs and EPs will be transferred at their normal speed.......
You can view a brief user manual here: http://www.ion-audio.com/manuals/iTTUSB_Quickstart_multilingual_6.pdf
I've been converting my Vinyl to CD for some time now, using a standard turntable (Technics SL1700) connected to a 'Hi-Fi' amplifier and taking the 'Record' outputs from the Amplifier to the Line Inputs of my PC Soundcard (SoundBlaster Audigy). The software I use is Goldwave, which allows a great degree of 'tweaking' if required and I have also tried Audacity (Free!) which works very well.
Recently, I also tried connecting the Amplifier Recorder Outputs to the Line Inputs of my KN7000 and used the KN7000 as an Analog to Digital converter, connected via USB to a PC. That also gave excellent results.
After silence, that which comes nearest to expressing the inexpressible is Music.