How Do You Record Conversations With Skype?

I recently read a post on Steve Rubel's blog about how he recorded his Social Media Tour interviews using Skype.

Does anyone know how to do this?

I tried using Sound Recorder (the freebie that comes with Windows) but it only picks up my side of the conversation when I use headphones.

As our class is preparing for our Corporate Blogging Study I was thinking that students could use Skype for the interviews with the corporate bloggers (assuming the corporate bloggers also used Skype) rather than paying long distance phone charges and using the old-fashioned tape recorder.

Please comment with any suggestions or e-mail me at w.carl AT neu.edu

Thanks!

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corporate blogging skype interviewing