Is this just black box snake oil or what?

I figured you'd know a scam from an actual functioning device.

True that the software content is unknown, but I've put off ripping
LP's for a long time due to setup problems and quality of
sound. For instance, the review info says the software will
split tracks. I have Audiograbber which is supposed to do
that but it never worked right.

• Xitel INport HFL-I1-X1