Everyone is excited about the M-AUDIO Microtrack, but at about $400 street, it's out of range for my budget for student gear. Enter the Olympus WS-200S. At only $100, it fulfills all my wishes. No media to lose (the memory is built in). No cables to mess with (the unit plugs directly into your USB). There are various similar Olympus models, but this one has everything I need for Web audio. While Audacity will not open a WMA file, most commerical audio editors will ... AND there are cheap converters for Mac.