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well it depends on what sound card you have right now.
if its just regular onboard audio you aren't going to be pleased with the results it will have alot of noise and scratch in it.
cheapest i would go for recording would be a soundblaster live 5.1 which can be had for about 30-35 bucks now. audigys are around 55 i think.
as far as other programs i have no idea cause i always use my creative recorder. its simple and sounds really good.
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