I have used an early version of this program for years and decided to update especially to be able to make FLAC files without having to use another file converter. Apart from the layout and FLAC ability it is the same as the earlier version which makes it still one of the best programs for recording and editing. The downside is that I paid such a low amount for my use that I do not have full authorisation for all of the facilities. I cannot record in Hi Res. That aside it is excellent value and worth the effort to learn as results are musically superb.