I have found useful at times. Works well and Audacity even waits for the player to start. Set it to WASAPI and hit record. Then go start the sound you want to record and it will begin recording when it starts. Works very well and is free! Very cool! http://wiki.audacityteam.org/wiki/Recording_audio_playing_on_the_computer

Also..... ignore the last part where they talk about setting "loopback". This confused me but it worked without that last part. I think this is more a description than a last step. I just set it to use WASAPI, and it worked. Not sure why they say to set it to "loopback" mode because in actuallyity it is setting it to loopback mode just by selecting the WASAPI driver. Kind of confusing to add this last part about the "loopback".