you have to select soundcard as source
but that's as far as I have got
( Dill, Sun 3 Jul 2005, 15:32, archived)

then you hit the 'mixer' button
and on 'recording settings', set it to 'What You Hear'
( Gizmo.mp3 does not exist, Sun 3 Jul 2005, 15:36, archived)

*
www.b3ta.com/talk/614579
( Dill, Sun 3 Jul 2005, 15:37, archived)