Cool Mix Edit

Cool Mix Edit is an all-in-one multi-track sound mixing, editing and recording utility.
It lets you record, overdub and mix multiple tracks of .wav, .mp3, .wma and other major audio format files. The simple, fast and intuitive interface makes it a no-brainer when it comes to sound editing and mixing. With support for the standard copy, cut, paste, undo and redo you can even make a few mistakes!
With Cool Mix Edit you can
Mixing - Mix several sounds in one sound. You can Change sounds position in real-time while its playing. Then save as .mp3, .wav, .wma and .ogg audio files.
Editing - Open, create and save audio files. Play an audio file or any part of it. Visually edit an audio file (Cut, Copy, Delete, Paste, Paste From File, Insert or Delete noise or silence in an audio file)
Recording - Record new audio file from a microphone or another input device.
Recording with background - Record new audio while playing background sound or music.
Changing sound volume - Adjust sound volume in real-time.
Display - Display a waveform window of an audio file and apply zooming
Digital effects - Apply different effects (Amplify, Delay, Equalizer, Fade, Normalize, Silence, Stretch)
Supports the following file formats
Waveform audio (WAV)
MPEG Audio (MP3 and MP2)
Windows Media Audio (WMA)
OGG Vorbis Audio
VOX Dialogic ADPCM
RAW Audio