Microsoft Sound Recorder
Use - recording sound clips
Cost - free with Windows - all programs > Accessories > Entertainment
Description:
Very basic because it only records up to 1 minute of sound. Will work for short clips from the Internet.
http://support.microsoft.com/kb/82215 - How to Increase the Maximum Recording Time in the Sound Recorder Utility
Other Options - Use Music Match Jukebox for recording any sound input for any length of time. Use Audacity for any sound editing you need to do.
Developer: Microsoft