yeah, that seems to be a fault with windows media player. if you use winamp, the timing should be okay.
as far as the settings, i found this chart to be helpful (as mentioned in the other thread): http://www.hydrogenaudio.org/index.php?act=ST&f=15&t=203&s=3a36ff80190338f44020a0b7f6940e85
highest quality: --alt-preset insane
if you use custom command options, it is recommend that you set the EAC dropdown box for "Parameter Passing Scheme" to "User Defined Encoder". if you set it to LAME even when using LAME with your own custom commandline options, EAC might try to override your custom options.
actually, i prefer ripping to wave and then using razorlame (LAME frontend) over EAC + LAME. EAC cannot override LAME in the middle of an encode and it doesn't give you an uptodate scale of the job process. razorlame @ http://www.dors.de/razorlame/index.php
in case you are interested.
welcome to the world of EAC : ). nobody should be using anything else in windows : )).