Im one who downloads a lot of concert footage and what not. Now, i was wondering if there was a way to rip that audio to MP3 to toss on my portable MP3 player. Walking while watching the videos on a PSP is hardly safe.

Adobe Audition can do it.

I'm sure there are others, but it's what I use.

^ a vote for audition here, also cool edit pro 2 can do it too - you cant buy it retail anymore as adobe bought out syntrillium who made it but theres plenty of second hand originals on ebay for a pittence

Awai.