A:Answer Yes, this is both a player and recorder. I know you can record from turntables, cassettes, or other CD players. Basically anything you can plug into your amplifier or receiver. I’m not sure about live recordings. Seems to me, if you had 2 microphones ( one for left channel, other for right channel) that could be plugged into one set of inputs on the back of the amp or receiver (that the CD player is hooked to) it should work. This is just theory, but would make for an interesting test.