Just don't forget to turn off itunes file organization or it will relocate every file in your library (assuming you store it album artist -> album like most rippers default to creating).
Still recovering from this one, b/c I didn't know that it would do that...
Unless they've changed it, it splits it out by performing artist, then album. This is really bad for soundtracks, but even a lot of albums with fine-grained ID3 tag accuracy gets screwed by it - you'll see things like "X Feat. Y"/"Album 1", "X Feat. Z"/"Album 1", etc.
Still recovering from this one, b/c I didn't know that it would do that...