Many thanks to Rogue Amoeba for sponsoring The Loop.

This is Piezo:

Piezo helps you record any audio on your Mac. Whether you want to record a Skype conversation, save a streaming radio program, or just record a quick voice memo, Piezo can do it. It runs on Mac OS X 10.6 and 10.7 and it can capture audio from any application (yup, even sandboxed App Store apps).

Download Piezo free, then buy it in the App Store or directly through our store.