Introducing the iLoad (nice original name). Check out the site, but it looks like you just connect the device (looks like a glorified CD player) to the iPod via USB 2.0 and rip your CDs directly. There isn’t alot of info as of right now, but you can sign up for email updates. The site does say “iLoad copies your CDs onto an iPod or other Digital Music Player, along with all the album and track data at a high rate of speed”. Based on the GIF image they have on the site, it is safe to assume different skins can be applied to the iLoad depending on one’s taste.
Gotta wonder if it captures the CDs to memory then transfers, or transfers tracks on the fly?