Digital Home Thoughts: All Sound Recorder XP

"All Sound Recorder XP, the powerful recorder, editor and player, makes a complete recording studio of your computer. With the recorder you can record voice from micro phone, internet streaming audio, or music played by Winamp, Windows Media Player, Quick Time, Real Player, Flash, games, etc. It means you can convert RAM/RM/RA/Protected WMA files to MP3, Wav, WMA format directly (one by one)! All Sound Recorder XP is able to automatically detect the recording formats your sound card supports and then set the application's parameters for the best possible performance. The recordings can be saved as .MP3, .Wav, .WMA, .Vqf and .Ogg files."

If you've an audio fiend, this might be worth adding to your tool kit.