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Features* Record live audio* Record computer playback on any Windows Vista or later machine* Convert tapes and records into digital recordings or CDs* Edit WAV, AIFF, FLAC, MP2, MP3 or Ogg Vorbis sound files* AC3, M4A/M4R (AAC), WMA and other formats supported using optional libraries* Cut, copy, splice or mix sounds together* Numerous effects including change the speed or pitch of a recording* And more! See the complete list of features: http://audacity.sourceforge.net/about/features