Have been using Reaper to record some stuff over the last month..hope to have some new music to post soon...yeah i know i sound like a broken record. (you young ones won't get that)....
What has impressed me other than the price is that it is a stable bug free program and seems to do everything with much less overhead than all the others I have tried. Granted I do not have Protools or Cubase or Logic...which I have seen and understand they work just great. I am still plowing through the learning curve on Reaper. They have a great online forum so we are good to go with questions.
check them out at http://reaper.fm ...I think they got a good thing going.
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