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I have soundforge 5 and cool edit pro 2.0
they are both very similar,, cool edit pro 2 is not like 2000 ( i think that one..) as it's alot better, and can be used as a multitrack device.
For recording mixes I use cooledit cause when u trim stuff, like silence at the beginning of the track, it doesnt take forever to re-load the ENTIRE TRACK like soundforge. and its faster for splicing up mixes into tracks.
I use soundforge for recording samples of stuff.. and for mastering audio and adding fx.. as long as the file size is small it works nicely!
so my recommendations:
go with cool edit pro 2.0 for recording live sets.
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