Dammit Ross, you are only feeding my desire for a Mac. For now, I'll continue my use of WavePad Sound Editor. I usually record in WAV 44.1khz and then save to 64kbs MP3. I'm not sure if I have an additional compression option, but I'm not as fancy as Ross. By they way, the king of England called and wants his audio equipment back. Ours sounds fine enough though I think. Though we did just have a 4 star review on iTunes because of "mic drops". Our theory is it was the Rogue Trader game. Always blame someone else for you inadequacy . . . TAD!