Rather than simply simply allowing real-time recording of a radio station, the Connect can transfer a song or the song's album to the player if it is available on Yahoo!

ENGADGET: Switched On: Music in the air (Part 2)

"We are very interested in music where you have real instruments on stage and virtual sound sources, which can be coming directly from the computer or transformed from the real-time recording of instruments onstage, " he says.

NPR: IRCAM: The Quiet House Of Sound

The combination enables the integration of voice data into Bloomberg Vault to produce electronic records in near real-time, and it will work with any existing trading floor recording system.

FORBES: Watch Your Tone -- Bloomberg Vault Now Archives Voice Too

With dual mic and dual instrument inputs, he can sing and play at the same time for some multi-track recording, but the Toneport's real strength comes from its included software that models different mic, instrument and amp types to create a whole new sound from the low-cost setup.

ENGADGET: celebrates Father's day