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Originally Posted by Fawkes
Cool Edit, but they have been bought out by Adobe I think and now the software cost way over the odds. I have an old copy I can let you have or you can wait for someone to recommend something equally as good. PM me if your interested.
EDIT: I have a more up to date version than this but this is good enough for what you want to do: http://www.threechords.com/hammerhea..._edit_96.shtml
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I was going to mention using the Nero 'wave editor' app in conjunction with any of the freeware wav to mp3 converters, till I saw that. I don't do a lot of this stuff, but it looks like a really good tool for the job.
Gaz
<edit>that assumes a workable connection between your soundcard & the MD player - you say only phono? - doesn't it have a 3.5mm headphone jack? - that would be the one to record from, i.e. would be most compatible with the 'line in' on your soundcard?</edit>