#2
Zamzar.com

can canvert youtube vids into mp3s... or a number of other useful file formats
Mandatory gear list
Ibanez S470
Vox AD30VT
Vox V847

"There are people that I know won't hurt me. I call those people corpses."
#3
Download Audacity, select "stereo mix" when recording, and press record whilst the video is playing!
#4
Just don't go ripping off all the unsigned bands on MySpace now you know that little trick.