I know this sounds like an ad, well it's not...I'm just going to copy/paste the info from their website so you can read about it and see how cool it is!.
Anyways, i've been using this myself for quite some time, but for some reason I forgot to post it up, so here you go....
Freecorder Toolbar is a free sound recorder - a revolutionary new browser-based audio recording program, combining state of the art recording technology, ease-of-use, and some great browser enhancements. And best of all, it's 100% FREE!You can use the
Freecorder Toolbar audio recorder for:
* Recording Songs.
* Extracting Audio from Videos.
* Recording Internet Radio.
* Recording from your PC's Microphone or Line-in ports
* And anything else!
A Complete Sound Recording SolutionHere's some of the benefits of
Freecorder Toolbar:
* Records what you hear from your PC's speakers.
* Supports all Windows versions, including Windows Vista.
* Works with any sound card, even those that don't support recording (like RealTek and SigmaTel).
* Records from the microphone or line-in inputs on your PC.
* Unique Sound Separation Technology eliminates background noises.
* Automatically removes silence from start and end of recording.
* Easy-to-use Record, Stop and Pause functions.
* See recordings happening with the cool Visualizer.
* Saves recordings as MP3 or WAV files.
* No spyware, adware or viruses.
* Easy to uninstall.
* Includes a powerful Google-based search, and optional browser enhancements like a radio player, weather bug, pop-up blocker, search highlighter and more.
* 100% FREE!
Here's how Freecorder Toolbar appears within your browser. Just click Record to begin capturing audio, or Stop to end:

When recording starts, a cool visualizer windows appears:

Click Settings to change how Freecorder records or saves files:
ANYWAYS, DOWNLOAD THIS GREAT PROGRAM FOR FREE, NO CATCHES, HERE:Freecorder Toolbar: