I am yet to buy one of these but it looks fantastic. I want to use it for recording but converting stuff won't be a problem.Why? Transfer the file, open the software, open a decent sound recorder (not old windows one, but media player 8-9-10 might do the job) and set it up to capture at the quality you want, use volume control to turn on recording from "WAVE" or "WHAT U HEAR" with volume at max, mute everything else, you can guess the rest maybe?Fully digital transfer bypassing the DACs and amps.. only problem is using the sound card, its at single speed. :-)Its slow and still might not be as good as you want, but it will definately beat the method i've had to use with an older one, first of the MDLPs - transferring from headphone to line plug and then having to amplify it by a crazy amount.