Reaper 1.56

REAPER is a powerful but sensible Windows application that lets you record, arrange, edit, and render multi-track waveform audio. It provides an extensive set of features, but is a very small and lightweight application (the installer is less than 1 megabyte, and includes many effects and a sample project).
REAPER supports ASIO, Kernel Streaming, WaveOut, and DirectSound for playback and recording. It reads WAV, OGG, and MP3 files, and records WAV files. You can arrange any number of items in any number of tracks and use audio processing plug-ins (DirectX and Jesusonic). REAPER also supports volume, pan controls and envelopes per track, multi-layer undo/redo, and user creatable color themes.
Basic features:
- Support for an unlimited number of audio tracks
- Audio tracks are all fully routable (multiple inputs, outputs)
- Volume, pan controls and envelopes per track
- Supports audio processing plug-ins (DirectX, DXi, VST, VSTi, and Jesusonic) with automation, easy chain manipulation and editing
- Pitch shifting and time stretching
- Fast, reasonable and usable Windows-style UI, working well on both low and high resolutions or multiple monitors
- ASIO, Kernel Streaming, WaveOut, and DirectSound support for playback and recording
- Reads WAV, OGG, MP3 and MIDI files, records WAV and MIDI files
- Can render to WAV, OGG, MP3 if lame is installed
- Full SMP support (can utilize 2 or more processors)
- Multi-layer undo/redo support
- Basic MIDI editing support
- User creatable color themes
Download 1.9 MB http://www.reaper.fm/files/1.x/reaper156-install.exe