REACT will do you no good now.

You could drag all the cuesheets into foobar, ensure the output string is correct (to get the file paths you want) and use Converter.

Alternatively, you could use ACDIR with a batchfile.  In fact, you may not even need a batch file - I think ACDIR will run from a list of cuesheets.

Are you familiar with foobar.  Are you familiar with command line applications?
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but if it needs only a list of cuesheets, that is not difficult, but how about the wanted filenames and directories?

Thanks a lot!

I tried foobar, and it does precisely what I want.

It is indeed very powerfull, but deceivingly simply at first, and very complex if you dig deeper!

the only thing I miss (right now) is real media support (.rm, .ram files)

and the fact that there is no option to save your preferences (which is really necessary after tweaking so much settings).

You can certainly use foobar2000 for this, but you need to first install a command-line MP3 encoder. A LAME bundle from Rarewares is recommended. It doesn't matter where you put it; you'll be telling foobar2000 where lame.exe is when you set up the converter.

Load one or more cue sheets into the foobar2000 playlist window, and confirm that it shows you the tracks as playlist items, as if they were separate files. If all you see is one line for the .cue, or nothing, then probably there is an error in the cue sheet; check the console (View > Console).

Once you have the tracks in the playlist, you can highlight as many as you want...I'd start with one album at a time until you're sure everything's set up right. Right-click on one of the highlighted items and chose Convert, "..." and then set up the converter as needed. Any combination of settings can be saved as a preset for future use.

When you do the conversion, foobar will do it on a track-by-track basis (whatever was highlighted), and it will add the ID3 tags with the info that's available from the cue sheet (artist, title, album, track#, year). You have control over the output file name; it can include a full or relative folder path, and it can have variables (like %artist%) that will be replaced with the different metadata values.

There are help screens where you're likely to need them; look for the "?" in the upper right corner of the window, or press F1.

Cover art might require a more robust tagging program or a 3rd-party component that you add to foobar2000. Do you have the cover art already in a file, or do you need to fetch new art from somewhere online?

foobar2000 can embed album art into files: select files in a playlist - right click - tagging - batch attach pictures.

foobar2000 can embed album art into files: select files in a playlist - right click - tagging - batch attach pictures.

Just a quick feedback, this does not work well. I'm assuming the reason is this: As soon as there are special symbols involved like : the image isn't found. Maybe you have some pointers how I can work around this.