Record a multi-participant podcast with GarageBand - The Unofficial Apple Weblog (TUAW) - 0 views
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use a time-tested method called a "double-ender" when recording The Talk Show. As they talk via Skype, John and Dan record their own audio locally, and those two files are edited together as separate tracks. We've adopted a similar method using GarageBand, and it's been working wonderfully.