Key features:

Easy Recorder is a small but efficient Windows audio-recorder that will record any sound generated, or requested, by any other computer program such as Windows Media Player, Quick Time, WinAmp, etc. Additionally, it also will record any sounds that come from the Internet through your sound card, either as audio files or live streams. Your favorite recorded sounds are saved in wav format, and then convert them into the space-saving and popular mp3 format. EasyRecorder also will allow you the option to record any online audio conversations, such as those on Internet Telephony. Whether you want to record business conversations to later be transposed to handy notes for future reference, or keep your sweetheart's voice to be played when you get lonesome, you can count on EasyRecorder to provide you with the advantage of recording the audio for safekeeping.
If you would like to "try before you buy," you may download the shareware version , which limits recordings to 40 seconds. To remove the 40-second limitation, the program update 4.42 must be purchased and registered, after which, you will be allowed FREE, LIFETIME upgrades.