StepVoice Recorder is software for real-time recording with MP3 file format support. It
allows recording from any sound source, such as a microphone, line in or any sound
currently playing on your PC (Internet radio, movie sounds, etc.). Real-time MP3 encoding
saves both time and hard disk space, because you don't need to encode recorded sounds
later. This feature is critical for long recordings. A wide range of MP3 bitrate settings
allows you to vary sound quality from telephone (3.5 to 7.0 MB/hour) to CD (3.5 to 7.0
MB/minute). Thanks to recording visualizations you can easily adjust the volume level to
get the best results.

StepVoice Recorder is the Shareware version. The full version can be purchased by clicking on the "CLICK HERE TO ORDER" button below for around  14.95USD.