3aLab iRadio Lite Description:

iRadio Lite is a good way to capturing and collecting music from radio stations over the Internet. This is a standalone program: it means that it does not use any preinstalled SDK or media platforms like Windows Media for recording and playing media streams. Integrated easy search engine allows you to find favourite radio by genre or keyword, to choose bitrate and other characteristics.

You can listen and record radios at the same time.

iRadio Lite receives much more information about listening track: track parameters, name, stream name, stream type, bitrate, genre etc. iRadio Lite automatically saves every new track in a separate file with the corresponding file name. While listening to a track you can get it full even if you have started recording from the middle. You can optionally select saving tracks in directories with current date and time. There are many more unique options allowing you to arrange your music and make new downloads.