Audacity is a free, easy-to-use audio editor and recorder for Windows, Mac OS X, GNU/Linux and other operating systems. You can use Audacity to:

• Record live audio.
• Convert tapes and records into digital recordings or CDs.
• Edit Ogg Vorbis, MP3, WAV or AIFF sound files.
• Cut, copy, splice or mix sounds together.
• Change the speed or pitch of a recording.
• And more! See the complete list of features.

Audacity Website