Ted,
check out freecorder as it will do what you need with windows 7.
go here to read the reviews.
http://download.cnet.com/Freecorder/3000-2071_4-75286115.htmlIt is a free download too

thanks to Alfred Borg for putting me onto this.
Alfred tells me it will save songs to MP3 and WMA taken out of video power point presentations.
Bebop