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WireTap Studio is an excellent, relatively inexpensive audio-capture tool that can help you record, edit, and export any audio on your Mac, whether from your overall system audio, a specific app (like Skype or iTunes), or even an external microphone.
For simple tasks, like recording an iChat conversation, you can access many of WireTap Studio's features directly from its streamlined Controller window--including a very cool Live Preview, which lets you hear what your audio will sound like before you start recording (even as you switch formats, compression rates, and more, on the fly). The rest of WireTap Studio's interface is also reassuringly straightforward, with handy (if not professional-grade) tools for editing, and a lossless editing environment; so if you cut or reduce the bit rate of a recording, it's easy to go back and change your mind later.
With extras like video tutorials, drag-and-drop exporting, scheduling (WireTap Studio will even wake or turn on your Mac), and the ability to record from two sources at once, WireTap Studio is a solid app and a good value.