Never mind, I just tried it, and yeah, it works great. Thanks a lot man, I appreciate the help. This is MUCH easier than dealing with WMP.
Just so you know for the next Windows idiot, On Windows, Itunes has got a round button all by itself on the upper righthand side of the program window. It's got a picture of a sheet of music and an arrow pointing towards the center of it, and below it, it says Import. It turns neon blue when ya click on it. It works great.
I am, however nervous about the occasional whirring noise coming from my CD drive... I will never be the same after watching that episode of MythBusters where they exploded CDs to test the myth of deadly CD drives and killer CD shrapnel.