GoldWave 5.06 	

GoldWave is a top rated, professional digital audio editor. It contains so many great features, you will be amazed by all the things it can do:

    * Play, edit, mix, and analyze audio
    * Apply special effects, such as fade, equalizer, doppler, mechanize, echo, reverse, flanger, and more
    * Digitally remaster and restore old recordings with noise reduction and pop/click filters
    * Record audio from cassettes, vinyl records, radio, etc. through your computer's line-in
    * Record dictation through a microphone or play dictation back at a slower speed for transcription
    * Make perfect digital copies of audio CD tracks using the CD Reader tool and save them in MP3, WMA, or Vorbis files
    * View a variety of real-time visuals and VU meters
    * Convert files to/from different formats, such as wav, wma, mp3, ogg, aiff, au, vox and even raw binary data
    * Plus much more 

At only US$40, GoldWave is most complete audio editing program available in its price range. It even includes many features (such as batch processor/converter, CD reader, and audio restoration filters) that cost extra in other, more expensive audio editing programs.