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[FIX] 'Record Audio from Speakers' not working.
Windows 7 32-bit
My AMD quad-core machine has a VIA Technologies Inc. high definition audio controller built into the ASUS motherboard.
I was able to go online and download the latest drivers for the audio controller, which fixed the problem.
The new drivers include the 'Stereo Mix' feature needed for recording audio directly from the speakers on your machine.
You can find out whether your system has this feature by clicking 'Start', 'Control Panel', 'Sound', and the 'Recording Tab'.
There should be an option for 'Stereo Mix', and it should be checked if you want to record audio directly from the speakers.