I need software for recording live sound (usually voice only) from a line level into my notebook computer. I have Sound Forge 7 which records fine. The problem is that I need to be able to have a limiter for high volume levels. I usually record speeches and sometimes the speaker gets loud. If I set the record volume low enough so that it doesn't peak, the overall volume of the recording is too low and it is too close to the noise floor.

Is there any program or software that does real time hard limiting of a line level input signal during recording? Limiting after recording won't help because by then the signal is already distorted, the signal must be limiting before it is recorded.