[all variants] How do I determine the optimal conversion parameters for VLC?

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http://ubuntuforums.org – This is the input stream - I'm currently capturng it wav format then converting it to mp3 with lame, as I can't get vlc to convert it directly to mp3. So, which codec will result in a direct capture of the stream so that lame can convert to mp3? Code: [0x7f36900009e8] main generic debug: using decoder module "faad" [0x7f36900009e8] main generic debug: TIMER module_need() : 6.054 ms - Total 6.054 ms / 1 intvls (Avg 6.054 ms) [0x7f3690000e28] main encoder debug: looking for encoder module: 12 candidates [0x7f3690000e28] araw encoder debug: samplerate:44100Hz channels:2 bi (Hardware)