>>http://www.nch.com.au/wavepad/
>
>Thanks for the heads-up. I'm very interested in this, for our band music, and will be giving it a shufty.

I just did a sample and it edited the mp3 perfectly. I was able to cut/move whatever I wanted and then save as mp3, or wav or whatever. Tested the resulting file and it sounded great. There are also a number of additional features in the pay version, but I only needed to cut parts out of a song, so the free version is fine for me.