You can use Audacity to:
* Record live audio.
* Convert tapes and records into digital recordings or CDs.
* Edit Ogg Vorbis, MP3, WAV or AIFF sound files.
* Cut, copy, splice or mix sounds together.
* Change the speed or pitch of a recording.
Features:
Sound activated recording; ability to save smaller, compressed project files; MIDI files can now be imported, cut-and-paste edited, then exported.