It looks like TimeTrax Technologies has made the move away from pirating recording satelllite radio and instead is working towards a simplistic way to record FM Radio. Their new line of devices unveiled at CES, called the PopCatcher, records FM radio to MP3 allowing you to build a free MP3 library.

It works with an alogorithm that detects individual songs broadcast, allowing seamless capturing of songs. Pretty neat actually.

I just find it interesting that they seem to have moved away from the XM and SIRIUS recording, seeing as many of the new receivers all have time-shifting built in, and now are going after terrestrial. While TimeTrax CEO Elliot Frutkin is touting the ol' RIAA-spin - it's not stealing if it's already been broadcast. So I say, more luck to them!

[Engadget]