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While there are other low cost alternatives, I think a lot of folks here like to use Audacity simply to convert from WAV to MP3. RB and PTPA only use Windows internal CODECs, but Audacity lets you specify an external CODEC (such as LAME).




Ability to use LAME is one of my favorite features. I like the fact that you can set up a variety of different MP3 quality settings, and they show up in the menu!