Hijack iTunes

This tools allows you to setup an Audio Hijack Pro template that not only can be used to convert media, but can also be used to apply sound effects/filters to the music, break the audio files up into conforming sizes (every 30 minutes or something) for long files, etc. When you launch the tool and select a playlist each track in that playlist will be captured using the Audio Hijack Pro template you have setup and saved in the defined location.