GOOD Device for the Money!
I used this device to convert 177 LP albums to 128 KBPS MP3s. I skipped converting around 100 albums simply because I knew I'd never listen to them again (like The Monkeys, The Jackson 5, etc.) I highly recommend you take a serious look at what you have and weed out the "weaker material" before undergoing the conversion process, especially if you have a lot of LPs or cassettes.
My only real complaint is I could find no way to increase the KBPS rate from 128 KBPS to a higher setting. But, these were quite old records, most with scratches and pops, and many had already been duplicated in my CD collection, which of course were quiet, fast to convert to MP3, and labeled themselves via my computer as for title, artist, song titles, etc. You'll have to label the Artist and Album Title, as I did, or go to much more trouble to label that PLUS each song. Decide before you start the project. It will slow down the work!
You will have to convert all records and cassettes in REAL TIME. This could take weeks to do if you have a large collection. To make good progress on the project I highly recommend you use a timer, usually found on most phones, but a simple kitchen timer will do. Learn to set the timer EVERY TIME YOU HIT RECORD! If you forget and come back an hour later you'll find the computer usually quit recording around 20 minutes after the last song and you'll have to delete the silence. No big deal, but get used to doing it often, trust me.
When I finished those 177 albums, I did around 250 cassettes, again in real time. Then, without using the Behringer UFO202, I also converted around 250 CDs using my computer's Windows Media Player and had no trouble setting the MP3 conversion rate up to 240 KBPS. I heard no difference comparing that rate to the higher ones using earbuds. Your mileage may vary here if you have a $5,000 stereo or a pro audio engineer's ears. I don't.