welll thats a little secret of mine.. dunno why people spend money on software that dont work while the answer is right within their reach!
all you gotta do is go ti start - all programs - accessories - entertainment - volume control (or just double click on the speaker icon in the tray)
go to Options - Properties, choose the "Recording"radio button(the circle-shaped one) choose all the checkboxes and click ok, now you should have something like "Stereo mix" or "mono mix" or "wave out" ..set them RIGHT above the first tick, and try them one by one .. i'll take a print scren hold on..
then play any song (preferably with the equalizer off, if its on anyway) then go to the sound recorder and start recording, if nothing is recorded, then choose another one from the volume control in the recording option
lol i know this is kinda confusing but u should get the idea...
ah yeah and to record more than 60 seconds, just make an empty wave file in the recorder and open it and record over it everytime (keep a blank copy) or get (*cough* pir*te *cough*) Acoustica mp3 audio mixer which lets you record as much as you want annnnnnnnnd edit songs easily