Sound recorder help

[elSicomoro]

My plan at the moment is to resurrect the musical aspect of Sycamore as a spoken-word project. I figure I can record directly onto the computer, edit the tracks, burn CDs, and sell them to Cellar Dwellars for a discount.

The primary obstacle is the Sound Recorder itself, as it only gives a 60-second limit on recording a file. I could always splice pieces together, but that's a pain in the ass. So, my questions are:

1) Is there a way to change the limit on the sound recorder's recording time?

And if not,

2) Does anyone know of any good yet inexpensive recording software?