I use Audacity quite a bit to digitise my LPs and a few cassettes.

I find the software gives good results for recording quality.

I have not found any way of automating track splits though, I just record each side as one file then split them manually. This is not too painful providing the songs do have silence between them and/or you know the length of each song. It is reasonably fast if you use the keyboard shortcuts for selection (track start to cursor etc.)