You can also use line pre-amp on your turntable to make it more accessable to your computer. And use your headphone jack from your stereo (turn volume down to just below 1 before trying this). Visit your local Radio Shack/Audio Electronics Store for patch cords tell them what you are doing and they should be able to set you up with the needed cables. I haven't used Goldwave but I did not see any tools for eliminateing any of records usual problems click's, pops. I would recomend Cool Edit 2000 with just the audio cleanup plugin for removeing hiss and noise, The studio plugin if you want to make a mono record sound stereo. A third party plugin called Clickfix is a must for record cleanup it works really good at getting rid of most clicks and pops without messing the music up. The Syntrillium link above will get you there.
"Eurythmic"
Hey thanks for the link I have been useing a mixture simialar for years will have to give this one a try.