Here's another listing for the same item--I believe it has an output for the master channel:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=41480&item=7313239 123&rd=1&ssPageName=WDVW
And Max, the software's just to capture it so I can play it back. I'm not terribly worried if I screw up as I record, just as I'm not terribly worried if I punch the wrong button once in a while on the air. It's the beauty of college radio--keep it clean, and everything will work out in the end (not that I don't try to do a good show).