So ive been recording lately and i was wondering

"Is there anything to change the sounds of guitars while its plugged in?"

To record i got my Line 6 connected to my computer through the microphone jack
My brothers line 6 amp could change it, and he had a 12-button pedal with pre-saved effects.
Change it how? like to sound like a trumpet or a cello
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why would you want to put the bitrate down?
to make it smaller without hearing any change in quality that the human ear can detect?
Does not compute for the audiophile

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ok should have been more clear

I wanted something that could change the sound of distortion. ect.
Adobe Audition has plugins that allow you to change your guitars effects on the computer