Free Streaming Audio Recorder
Yes, there's a free recording software that allows you to capture streaming audio.
This means you can do a podcast of a live "phone" interview even if you're both using Skype. As long as the sound passes through your computer (whether via the external speaker or through your headphones), Roemersoftware's Free Hi-Q Recorder can do the job. And this works on Windows.
For Mac users, check out How To Record a Podcast by Glenn Fleishmann, where he talks about Soundflower.
Happy interviewing with your podcast!
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