Most new computers are woeful enough to record and edit audio if equipped with the right kind of software, software that would have once been far too expensive for the average person to justify. Industry standard applications such as Logic and Cubase will obviously produce fantastic results in the right hands but you may be surprised to learn that there are some very able and inexpensive solutions available.  

REAPER 3.103 is a relatively inexpensive audio editor and mixer that ships with all the usual features found in more expensive editors including MIDI support, time stretching and pitch correction. It's also compatible with all the main standards for plug in effects and virtual instruments including VST and VSTi.

REAPER 3.103 link.

28 Aug 2009