I was going to purchase a recordable Sony minidisc head unit (in addition to an EMPEG) to allow me to record from radio in order to quote radio references later on.

While it may not be possible to record and dynamically compress to MP3, would it be possible to update the software to allow me to record onto WAV file or something.

Also: How many others out there might want this? (You could also record cool radio songs that you otherwise can't get your hands on!)