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Steinberg Wavelab 4
 A rather wizzy audio editing and mastering tool. You can also burn CDs, encode MP3s using various compression methods, do all kinds of effects, dithering etc etc. Supports all drivers and VST or DX plug-in effects, as well as having its own in built ones. The audio analysis is really good on it and it really helps once you have finally stuck your mix together to have something with really great metering and analysis tools to help you to put together a good sounding mix.
I am currently using release 4.0g and it works really well.
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