The best audio CD ripping drive is, has been and probably always will be the Plextor PX-40TS 40x SCSI cd-rom. Note that this drive is available in two versions: The 50 pin standard (narrow) and the 68 pin wide (ultrawide) version. You want the 50 pin standard version as it has a later rom that can updated with better firmware and it features better performance as a result.
More specifically, you want the Plextor PX-40TS "narrow" (50 pin) drive with firmware 1.1 or later. There was an early version of this drive with 1.0x firmware. You do NOT want that drive because it features a different rom chip that cannot be upgraded to the significantly better 1.1x firmware. If you are buying from a source such as eBay, be sure to ask whether the drive has 1.0 or later firmware before buying: Many of the drives being sold on eBay as pulls or whatever do not.
This is the best CD ripping drive ever, bar none. If you are serious about CD ripping, it is even worth buying a SCSI card to use one of these drives. (You can also use Plextools with this drive, which is even better than EAC for ensuring a proper rip).
If you are unwilling to spring for the best drive, look for an IDE Plextor drive with at least 12x burning speed (there are no IDE Plextor CD-rom [non burning]). These will all do very good extraction. Just not as good ast the PX-40TS. Plextor drives are significantly better drives for CD extraction than any of the cheaper competition (Lite-On, etc.)