1. Configure EAC options
I used Satcp's manual as a guide and mostly followed recommended settings.
The manual and screenshots are from older version of EAC, so there are some differences which I'll try to explain if they are not obvious.
Also, I looked at Liekloo's manual for some further explanations
Here are my screenshots:
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I enabled "Use alternate CD play routines" because, when disabled, there was no sound when CD tracks were played in EAC. Windows Media Player played them without problems. It's probably because this is laptop and this CD/DVD drive doesn't have analogue connection between CD/DVD drive and sound card.

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I enabled "Use CD-Text in CUE sheet". I tested it with Burrrn and it works, so it's better to have information if it's not doing any harm.
Also I enabled "Automatically write status report after extraction". Again, it can be used later, and it doesn't make any harm. They can always be easily deleted in a bulk from the folder structure using Windows Explorer (Search *.txt)

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I have Windows XP Home and had no problems, so I haven't installed external ASPI interface.

not finished yet...

Now I configured EAC drive options