Yeah basically....My webcam records in WMV format (Windows Media Video), I dosent record the sound seperate, its all in the WMV format (although you can rip it from the WMV format with additional software. Now to get the sound on the video, you would have to go into maybe preferences or setup, and select the audio source. There you would see a selection to use the interface for the sound device. Now...when running POD software you have to leave the window open, you can minimize it, but dont close it out or it would disable the input. Thats basically it. If you want to do editing you would have to get software the lets you do video/audio editing. But yeah....you basically have the idea!!