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I want to play (stream) a song on imeem or Rhapsody and record it while it is playing... there is no file... that is what I am trying to create..

I don't have the file yet. I want to record it and make a file so that I can edit the track...

For example, in Rip, Edit, Burn, software for windows, I can play a file on Rhapsody for example, and record it, edit it, and create an mp3...

I am trying to play a music file on my mac and record it. If I use the microphone option the sound is poor and room noise is included.

If I use the line option there is no signal. Am I missing something obvious? Thanks...