iRecordMusic is a handy application that helps you record your favorite tunes and online radio broadcasts with just a few clicks; once you finished saving your recordings, you can start listening with the iTunes application whenever you like.
This efficient program works exactly like a web browser and all you need to do is to copy-paste the link of the song or radio broadcast and you can start recording; it is recommended that you adjust the output's settings according to your needs before the recording starts (choosing the proper encoding method, channels, bit rate, format, etc.).
Additionally, you will also be able to schedule audio recordings by entering the proper details on the iCal application (installed by default on your Mac) and synchronizing the two applications.
Once the processing of your recording finishes, iTunes will instantly launch and you can start listening to your favorite songs and radio broadcasts.
All in all, iRecordMusic is a powerful application that enables you to easily record any song or radio broadcast while streaming.