Audiobooking step 3: Audio to iTunes
It is best to verbalize a chapter at a time; that's how iTunes expects the audio. But really, you can do it however you want.
Select a good voice. If you have Leopard, definitely pick Alex; if not, Bruce, Victoria and Vicki are fine choices.
Click Save Audio or press ⌘-S. The audio sheet slides down. Under Audio Type select Audiobook in iTunes. Enter the chapter name and/or number, the author, and the book name. Click Save. It may take a while for the chapter to finish. At some point, iTunes will open and convert the speech to an audiobook automatically (special thanks to Doug Adams).
When the entire chapter is done, Verbalize will beep and display a box. Then, if you need to, audiobook the next chapter.