Ok Man This Is What You Do:

Record Using Cool Edit Pro. Insert The Beat And Than On Another Track Press A Little Red "R" Button. Than Click The Little Record Button At The Bottom O Than When You Do That Come Back To Me With This To Fix Up Your Quality.

If Your Using Cool Edit Pro 1.2a Than You Have To Do The Same Thing I Told You Put You'll Need To Get A MP3 Encoder. So You Can Change The MP3 To a WAV And Than Back When Recording.