I am a big fan of VirtualDub. While my systems usually have the LAME encoder installed, this system (laptop, not mine) didn't. So, when I opened up the VirtualDub audio compression panel, I found that the maximum compression for the mp3 codec was limited to 56 Kbps. With the advent of VideoLAN etc., I've tried to keep separate codec installations to a minimum.
Virtualdub
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