Guitar Tracks

From Cakewalk:

Why spend hundreds of dollars on multitrack recording and mixing hardware when Guitar Tracks gives you everything you need. An easy portable studio console simplifies it allrecording, punch-in, looping, drum tracks, simultaneous effects and more. And a special edit view makes moving around song ideas as simple as drag and drop. Designed to be as easy to use as a multitrack cassette recorder or tape deck, this is the ultimate musical scratchpad for guitarists and singer/songwriters. All at a price you can afford!

Play back up to eight simultaneous tracks of digital audio. Cut, copy and paste audio clips with the click of a mouse. Mix tracks with real-time effects. Even add vintage analog warmth with amp simulation. Save your music as a wav file, burn it to CD, or put it on the InternetGuitar Tracks is MP3 ready!