From Magic Software:
Universal Sound Recorder is 5-in-1 software that record audio from any source, rips Audio CDs, converts Audio/Video files each other, edit audio file visually, and create spoken audio from text. With it you can record sound from any source easily. The recordings can be saved as mp3, wav, wma, mp4, and ogg.
Directly record audio on the fly without temporary files created;Convert MP3, MP4, WMA, WAV, OGG, Cda, AVI, ASF, WMV, MPEG1(VCD), MPEG2(SVCD), DVD(*.VOB), MOV, Dat, Vob, RM, and RMVB to MP3, WMA, WAV, OGG, MPEG1, MPEG2, VCD-PAL, VCD-NTSC, SVCD-PAL, SVCD-NTSC, DVD-PAL, DVD-NTSC, AVI, or WMV files;Edit an audio file visually. Apply different effects, different filters to the selected part of an audio file;Convert digital audio tracks directly from compact discs to CD- quality MP3, WAV, WMA, and Ogg Vorbis files without generating temporary files. Uses voice synthesis to create spoken audio from text. Version 3.53 may include unspecified updates, enhancements, or bug fixes.
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All versions:5.0 stars
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Version: Universal Sound Recorder 3.5
Easy to use, has all the configurability I needed..
Version: Universal Sound Recorder 2
Good price and feature. Easy to use.