How do I record wav files?

As file sharing over the Internet has become popular, the WAV format has declined in popularity, primarily because uncompressed WAV files are quite large in size. More frequently, compressed but lossy formats such as MP3, AAC, Ogg and WMA are used to store and transfer audio, since their smaller file sizes allow for faster transmission over the internet as well as lower disk space consumption. There are also more efficient lossless codecs available, such as Monkey's Audio, TTA, WavPack, FLAC, Shorten, Apple Lossless and WMA Lossless.