How To Record Your Own Podcast with Audio Hijack
Basic Set Up
1) Launch Audio Hijack Pro and create a new session.
2) Select Audio Device in the first popup menu of the Input tab.
3) Set the Input Device to the appropriate device, your microphone. You'll also want to set an Output Device, either a pair headphones (to avoid feedback) or Silence Output.
4) Now, adjust the settings in the Recording tab as you desire. For a talk program, an MP3 file of 64 kbps (MP3 Low) will sound great. You'll probably also want to edit the Tags section for your show - this information will be visible to listeners once they download the file and play it in their MP3 player.
Once you've got Audio Hijack Pro set as above, you're ready to go. Click the Hijack button, and then click Record and talk away. Everything you say will be recorded and if you need to, you can pause the recording by clicking Pause. When you're done, click Record again to finish the recording.
Link ==> � How To Record Your Own Podcast
Thoughts ==> Clear guide that shamelessly promotes its own product. And I'm all for that. :-D
Haven't tried it but $32 doesn't seem like a waste to find out if you can create a quality podcast that easily.