Save streaming music to disk from WinAmp using Streamripper

Streamripper is a plug-in for WinAmp 5.0 that will allow you to save streaming music to disk. Simply download the latest version and run the installer. When you start WinAmp an additional window titled "STREAMRIPPER" will be open as well. While listening to a stream that you want to record, click the start button in the Streamripper window. StreamRipper will beging to save the files in a folder on your desktop by default. To change the location of the save folder, click the config button in the Streamripper window, select the File tab and change the output directory to wherever you want Streamripper to save to.

A thorough tutorial on how to use Streamripper with WinAmp can be found here.