Do you have ideas for people you'd like to interview over the phone for your nonprofit podcast or blog, but don't know the best way to record it?  The past few interviews I've done for the NetSquared Podcast and blog have been done over the phone with Skype.  It took me a while to find recording software I liked for Skype, so I thought I'd share my findings.  I have a Mac, so I use Ecamm's Call Recorder for Skype.  It is only $15 and has worked really well for me so far.  My only complaint is that it records my questions and the interviewee's answers as one track.  Ideally our voices would be on two separate tracks.

If you have a PC, people have recommended Hot Recorder and Powergramo to me. (Update 3.1.07: I just heard of someone using Skylook).

Once I've finished editing the interview and posted it to our podcast, I send it to CastingWords to be transcribed.  They just changed their pricing structure.  They charge .75 per each minute of your recording, and you can send them the RSS feed or upload an MP3 or WAV file.   They charge .45 per minute if you set up a subscription so that each time you publish a new podcast to your RSS feed, they transcribe it.  It takes them 2-5 days to get the transcript back to me.  Before posting, I read through the transcript while listening to the recording and check for errors.  There are usually a few.

What recording software/hardware do you use to record phone interviews?