I had Cool Edit and was bummed when adobe bought it, as I knew it would be wrought with problems of a program owned by a mega corp.
I do have a creative Zen, and mine does have a radio tuner, but I'm not sure if I can hook it up to the PC, have it always be on, yet not have the station play constantly over my speakers. Plus, you need headphones in the output jack in order to work as an antenna....so you can't have a line out at the same time.
The Problem with a Tuner card like ATI's TV theater, is that reception is tough. I don't know if it's just the area I'm in, or if it's a by product of a Tuner being on a PC. When you tune the same station in on a car, it's fine, but on the PC, it can be a bit frustrating..
I do have two programs that record direct from the stream. Replay AV, and Radio Time. Radio Time used to always work flawless. But in the last year or so, it's really sketchy...either the station changes it's broadcast setup, or something on the Radio Time side got worse. Replay AV works perfectly every time, except when the stream on the site goes down. hope that addresses everything..so more suggestions appreciated