I know what you mean, but to my mind 30mb for a track is a big price to pay for lossless.
If you don't already use it, I really recommend EAC for CD ripping.
( Ttssattsr, Mon 25 May 2009, 3:25, archived)

EAC is what I used the first time round.
Sadly I don't have it on this computer because it isn't running Windows, but I imagine it'll run under Wine.
(MooCow_Byter, Mon 25 May 2009, 3:30, archived)

I love it. Ripping at 2.5x gets a little irritating at times but I could it could be worse - I could be ripping as m4a.

( Ttssattsr, Mon 25 May 2009, 3:32, archived)

It's awesome.
Best ripper I've used by far.
(MooCow_Byter, Mon 25 May 2009, 3:35, archived)