Yes it's possible. I can't recall the app(s) available to do this right now though (sorry). As for legal I believe thats a grey line that I would say goes in your favor [fair use] at this point in time.
As long as you record it yourself and dont distribute you arnt breaking any laws. Unfortunatly if you dl tv shows and what not then that steps past the distributing line and that is against the law. But its doubtful if anyone really cares that much.... if Stations were smart they would host the tracker themselves
Interesting you bring that up. I just read a whole section in yesterdays (well Wednesday's paper) about "podcasting". It's basically sites that allow downloads of the broadcast for listeners to download and play back on their PC or MP3 player. Some do exclusive online and a couple channels are begining to expiriment w/ both.
Ep, glad to see you come back and tidy up...did want to ask a one day favor, I want to enhance my resume , was hoping you could make me administrator for a day, if so, take me right off since I won't be here to do anything, and don't know the slightest about the board, but it would be nice putting "served administrator osnn", if can do, THANKS