Are there any thoughts or comments on this LW CD Extractor?

I'm trying to get songs/albums on my computer in iTunes to LW.

I have found tons of ways to get LW to iTunes but nothing on iTunes to LW.

What does the CD Extractor do? Will that work?

Can I convert the song in iTUnes to mp3 format, make a mp3 cd and import that to LW? I'm at a loss.