Best ripping would be with EAC (Exact Audio Copy) or Plextools, using a Plextor Plexwriter drive, due to the exceptional error correction/low jitter performance. Optimal speed setting depends on drive... there are some websites where they compared several drives at different speeds. I always make sure the quality is 100% after a rip before proceeding.
For burning I just use Roxio, making sure to do it at the slowest speed, and closing extraneous programs. I use black Memorex CD-R's, which have worked fairly well for me but are not compatible in all transports. In all the transports that aren't super sensitive to CD-R's (i.e. some Sony's and Naim cdps are hypersensitive in a bad way), I have not heard a difference between the original and the CD-R. Several diehard dealers have made the same remarks.