How do I record audio sent by a web site?

[vl6000]

A web site has a link to their player, which plays audio-only content. How can I use VLC to record this content in a file on my computer? The content is voice, so the fidelity is not particularly important. I'd prefer mp3 if there is a choice.

I am using Windows XP Pro, VLC media player 1.0.1 Goldeneye.

I tried the streaming option, and was able to create a file xyz.mp3 which gradually increases in size, but it contained just silence when played back.

If I open "Streaming..." from the file menu and select the Capture Device tab, my choices for Audio device name are Default and Sigma Tel Audio. Choices for Capture mode are DirectShow, DVB direct show, and Desktop. I chose an output file, and Profile=Audio - MP3. These choices produced a generated stream output string

:sout=#transcode{acodec=mp3,ab=128,channels=2,samplerate=44100}:std{access=file,mux=raw,dst=C:\\My Music\\MyFile.mp3}

The documentation on streaming doesn't seem to match the version of VLC I have. I'm not even sure streaming is what I want.

Can someone point me in the right direction?

[VLC_help]

Use Audacity if you want to capture What-u-hear, stereo-mix, wave-mix or similar device. It is much easier.