A couple years ago someone posted a link to free software that would allow you to record audio as it played on your computer. I used it a lot for getting songs and soundbites off of DVDs but it was also good for shortening sound clips to use for ring tones. Had the program on my old computer but can't remember the name so I can get it for my new one. Also want to use it to convert WMA files to MP3. Any help would be appreciated. Thanks.

I use Audacity for playing around recording stuff and for cutting music..... Its free.