From Tobit Software:
Tobit ClipInc. is your personal Sound Machine. Thanks to ClipInc. you never have to look out for your favorite songs because ClipInc. provides you permanently with all hits for free. There are numberless radio stations in the whole world, which provide you with billions of songs, 24 hours a day. ClipInc. records the current radio stream and saves the respective files in MP3 format to your hard disk. All you need is a PC, an internet connection (flatrate recommended) and of course ClipInc. ClipInc. provides the title of the song, the artist and even the lyrics. You can easily add the individual tracks to your music collection on your PC or MP3 player, in high quality and if you want to even fully automatic.
Version 4 features: Shows Videos for Songs, Export Wizard for Clips, New Design, Own Playlist, Remote control with iPhone, and Filesharing warning.