Summary (from the website): WireTap Pro allows you to record any audio, saving it to a file for later listening or processing. Streaming Internet audio, MP3 audio capture, sound snippets of a DVD movie, voice notations/narration, audio from a game, digitized audio from a line-in... WireTap Pro does it all.

Positives: WTP installed easily and registration was a snap. Launching the application brings a floating window that sits on top of all other windows for easy access. Clicking on the dock icon gives you access to the WTP menus, clicking on the window will not.

The WTP window is very KISS - it contains a Record button, Stop and Pause. A small bar tells the the kind of audio you are recording and the current bit rates. Three other buttons give quick access to recording sessions, preferences and recording options.

Recording options allows you to save your recordings as MP3, AAC, AIFF, and QuickTime. You can also choose to record everything straight as it would come through your speakers, or WTP can trim surrounding silences automatically. There is also a line level input indicator.

Files are saved by default to the WTP folder inside your Home Music folder with the correct dot-three postfix. You can choose a prefix as well, the default is "WireTap Pro_recording".

A test recording of a broadband internet feed played through iTunes and recorded in AIFF, was as crisp and clear as the original! The recording opened in QT without problem.

Second test was of the scheduling feature under the Wire Tap Pro Recording Sessions window. Clicking the "plus" button creates a new recording session. Clicking the "schedule" button launches iCal with the current time selected and a default one hour record time. That can be easily adjusted. The details of the calender item are set to Alarm, Open File - make sure WireTap file_name is selected - and open the file at least two minutes before your desired recording time. WTP opened on schedule and commenced recording two minutes later. There is an Autosave feature which is handy for recording when you don't expect to be home. The website even suggests integrating the RadioShark by Griffin Technologies to record radio shows when you're away from your computer. I am severely tempted to buy one!

Negatives: WTP is purely for recording, it offers no sound editing tools of any kind, but it is easy to operate. There are free recording alternatives available, and WT used to be free as well. I have been using Sound Studio, as a sound editor though I can't recall what I paid, if anything for that. Also, WTP will not record in WAV format.