Adobe Audition is a good one Kush and is what Kirk uses to record. He's only learned the basics of it but it's a very extensive recording program and it's very user friendly too (I think anyway). It's in the mid-price range for these kind of programs, it's about US$350 (I think)... which might be more than you're looking at spending. In fact you'd probably be better spending that money on a guitar.
but if you want a good recording program and are willing to spend that kind of money, then it's worth having a look at it. You can download a fully functioning 30 demo from here -
http://www.adobe.com/products/tryado...jsp#product=92 and make up your own mind.... but be warned it's a big file. (around 500 MB)
Anyway, it's just an option you might want to look into Kush.
Clancy
"I like work: it fascinates me. I can sit and look at it for hours". Jerome K. Jerome