Good suggestion, but that sounds like trialware or shareware. It seems US$20 to buy. Audacity is open-source (like LW), is free & supports VST plug-ins, & Ogg Vorbis (I don't think it supports wma though.) Can also handle up to 96 KHz whereas FlexiMusic Wave Editor only up to 48 KHz (both dvd sample rates.) Audacity's slow compared to the pro audio editors, but it does the job.